Indices and commodities
#GOLD
Short
Active
Gold Meltdown: Real Crash or Final Liquidity Flush? for OANDA:XAUUSD by Fiora_Wintrade
TradingView
GOLD
Indices and commodities
Active
Current price
4555.96
USD
PNL
-0.14%
4555.96 USD
Stop Loss
1.03%
4596.65 USD
Take Profit
1.03%
4502.93 USD
Rationale
TradingView idea: Gold Meltdown: Real Crash or Final Liquidity Flush? for OANDA:XAUUSD by Fiora_Wintrade
TradingView symbol: XAUUSD
Gold is experiencing a sharp sell-off on the H4 timeframe, erasing the recovery efforts of the previous days. After confirming the Break of Structure (BOS), the price is heading straight towards deeper demand zones. The big question now is: Will the Bulls hold firm at the $4,503 OB zone, or will we witness a crash to the liquidity bottom of $4,362?
MACRO / FUNDAMENTAL SECTION
Sticky Inflation: The repercussions of the 4.9% PPI report are still heavily impacting market sentiment.
USD …
Key details
- Ticker
- GOLD
- Asset class
- Indices and commodities
- Direction
- Short
- Status
- Active
The information published on this website and in the Invest Ideas bot is provided for informational purposes only and does not constitute individual investment advice, an offer, or a solicitation to buy or sell any financial instrument. Users make all financial and investment decisions at their own discretion and under their own responsibility. The administration and owners of the website and bot are not responsible for user-generated materials or for any losses arising from the use of the published information.