Gold is showing a H&S formation on 4h, having strong indecision on market sentiment. Red box is what might to be the phase/range of accumulation, if yes i expect at least next week. Im honestly expecting for price to correct some more maybe to 1774 at least, but this range will give us the hint since it appears to be printing HH-HL.
Hedging first order 1692 rollin 11.2k range without even flinch. You got to know how this crazy asset moves so you can hold the range and wait for the correction. Hint over when big boys stop out liquidity to over the longest expected range per month; news; inflation; gdp; corona; etc. Big boys tend to accumulate not least than 10k before breaking axes.
Just be carefull, trade safe, trade quant; keep pushing.
Hedging first order 1692 rollin 11.2k range without even flinch. You got to know how this crazy asset moves so you can hold the range and wait for the correction. Hint over when big boys stop out liquidity to over the longest expected range per month; news; inflation; gdp; corona; etc. Big boys tend to accumulate not least than 10k before breaking axes.
Just be carefull, trade safe, trade quant; keep pushing.