Potential Scenario In Gold
This is guessed based on my custom fibonacci fan.
The red line is action as a barrier to entry with a close.
I know it sounds whacky, but I believe in this tool.
Coupling this with my bull bias, price could be charging.
I also believe this can squeeze at any point.
Don't trade against the daily.
This is not financial advice.
The red line is action as a barrier to entry with a close.
I know it sounds whacky, but I believe in this tool.
Coupling this with my bull bias, price could be charging.
I also believe this can squeeze at any point.
Don't trade against the daily.
This is not financial advice.
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.