Gold Gold Daily Video, August 08, 2023

[Sive Morten]

Good morning,

We still keep our reverse H&S daily scenario valid. Few minor tactical nuances on intraday charts suggest price moving to 1926-1943 area that could provide good opportunity for position taking, if you consider gold buying:

 

[ward133]

More like Mt4 for me
Thank you always for clearing things up

 

[soul rebel]

thanks Sive
as an observation of the two charts (trading view chart layed on top of mt4 chart) I noticed how they start with the same shape, but then halfway they split off and mt4 deviated slightly higher also showing no gap as per the futures on tv.

 

[Sive Morten]

thanks Sive
as an observation of the two charts (trading view chart layed on top of mt4 chart) I noticed how they start with the same shape, but then halfway they split off and mt4 deviated slightly higher also showing no gap as per the futures on tv

Hi Viresh, this is because the second one is Gold futures, not retail brokers' CFD. It shows real price performance. I'm on trip now, don't have MT4 and other tools, and have to use Trading view until the next week. But our analysis is correct any way, no doubts.