Gold is testing a daily support zone
GLD is testing a daily support zone that includes the bottom of a trading channel, its 200 days MA line and a daily structure.
R/R for this potential bullish scenario is shown.
Look for intra-day/daily reversal patterns that will show buying activities inside this price zone
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R/R for this potential bullish scenario is shown.
Look for intra-day/daily reversal patterns that will show buying activities inside this price zone
Want more trading ideas?
Search #WeeklyMarketsAnalysis on Twitter
Komentarz:
Bullish reaction - Small profit