Name: Gold - maybe a time to take profits
Uploaded: 2019-02-23T06:55:40.539628
Channel: Captain_Walker
Description: Gold has had a good run north on the daily time frame and is coming into a powerful zone of congestion. It's not looking great for going long on the 1D now. There are opportunities for shorting on lower time frames but those do not look too good either. Possibly - just possibly - there may be more profit taking on this around this time. I'd be cautious with this one.

Trend Analysis Gold price priceaction trend Support and Resistance

trendanalysis gold price priceaction trend supportandresistance

Gold has had a good run north on the daily time frame and is coming into a powerful zone of congestion. It's not looking great for going long on the 1D now. There are opportunities for shorting on lower time frames but those do not look too good either. Possibly - just possibly - there may be more profit taking on this around this time. I'd be cautious with this one.

trendanalysis
gold
price
priceaction
trend
supportandresistance

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]

Related Ideas

about EURUSD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.