Look out for the 100 sma and the 23.6% fib @ 45.64 for the next leg down. Gap is not closed all the way. We are edging below the support at 46.0. Next support is at 43. Could potential reverse at 43. This would complete the H&S on the daily.
Note
23.6% fib support fell through.
Note
Looking for some support in the "Gap Channel" - 44.9 - 43.9 atm.
Note
Got stopped out. Got into a Gold trade. Now looking for a reentry. Currently, the price is at 45.68. It is probably retracing, because it doesn't want to just go straight down. It is going to retest the long-term S&R at 46.
Note
Got in on the way up, but it smacked down at the gap 45.78. Now, I am short.
Note
Got stopped out again, going to stay with a long to 46.
Note
Making some of the money back from all the stops in and out.
Note
I obviously made money on the first two trades.
Note
Holding onto my long from 45.82 it is at 46.23.
Note
Got out around 46.3.
Note
bear flag on the hour or 45 min.
Note
check out that Stock RSI. It is actually falling and at 45.87 now.
Note
It was caught in a fake bullflag that never broke-out. It is falling fast now.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.