Gold 1-Hour: How Trend Reversals Develop, Confirm and Project
Market: Gold / U.S. DollarTimeframe: 1 HourCurrent condition: A bearish reversal is developing, but the structure still needs confirmation. A trend rarely reverses in one dramatic candle. More often, it weakens in stages. The market first loses momentum. Then buyers or sellers fail to extend the existing trend. After that, an important swing level comes…
