DislikedHi XT, I think gold is developing a new consensus area between 1361.66 to 1329.10 before decide continue to North or South. DRT {image}Ignored
Hey buddy,
Yes, we could experience a zone of consolidation here before the next decisive break. I would say if it stays in the 1350 range it should attempt to break north,
likewise beginning to slip below we may test 1333 area in the immediate sense.
Judging by the volume on this area represented in your chart it could easily be such/
Running out, see you fellas later in the day!
G/L
Happy trading.
PS --- For RF7 you can't go wrong learning support / resistance, Trendlines and Fibonacci. Also start these on the higher Time frames then if you like draw down to the lower levels and see how the PA reacts to what you have outlined.
XAU-XAG/USD_Gold n Silver Trader's Thread = Technicals, Fundamentals & News