$GOLD and $SILVER 1H bull divs


Playing out perfectly as predicted
This is the moment where you hold, on the basis you are right and the kick back is a flush of late buyers and longs
Also the moment if the kick back level doesn’t hold, you should cut
Daily trend is bearish, LTF looking to try and reverse
Regardless of time frames, one very common concept of bull/bear divergences, is the price action very often retraces to wash out the late participants
Hence the higher low forming after the initial pump off the divergence
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin