On the Wk Gold chart you mentioned looking to a "swing low." What are you looking for? You think it needs to hit 1923 to cement the ICL and then it can take off?
I look for a strong bounce off of a weekly level so that the weekly candle forms a bullish hammer candle. When the following weekly candle closes above the close of the previous candle (hammer canlde), then we can speak of a swing low and look for upside continuation.
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GG-- Great analysis as always.
On the Wk Gold chart you mentioned looking to a "swing low." What are you looking for? You think it needs to hit 1923 to cement the ICL and then it can take off?
I look for a strong bounce off of a weekly level so that the weekly candle forms a bullish hammer candle. When the following weekly candle closes above the close of the previous candle (hammer canlde), then we can speak of a swing low and look for upside continuation.