Gold - Retest or fake break ?

Gold FuturesCOMEX

Deskripsi

⋅ 30 Apr 2019 pukul 11.51

Clearly at a decision point. A fake break will probably dictate a risk off approach to equities. A retest and further downside will dictate a continuation of a risk on approach towards equities.

Chart Patterns indicies

Komentar

gillyblore

⋅ 30 Apr 2019 pukul 11.55

I'm leaning toward a false break - the h&s break was too widely posted/shared. I suspect it led to many weak hands.... lets see

KoosKanmar

⋅ 30 Apr 2019 pukul 11.57

@gillyblore, I tend to agree. Looking more and more like setting up to squeeze the shorts. From fake moves comes fast moves.

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