We had a minor move out of the short term trend and then back in for the continuation. This chart is also showing we have room to go lower before the market attempts higher pricing on Gold.
As suggested on our previous chart, we’ll may get a glitch on opening leaving a gap. Opening higher and leaving a gap below will be something to look out for, giving us an opportunity to target the lower levels.
Our Hourly chart will give us a better indication of short-term direction which we will look at on opening and over the course of the day.
As present we’re not in any trades, we have a good run from the 1900 level and we closed 90% of our shorts at 1750 which was our target over the last few months.
We’ll day trade when the opportunity arises but our view remains bearish for now.
Support:
1685
1660
1647
Resistance:
1708
1717-20
1737-41
1750-60
As suggested on our previous chart, we’ll may get a glitch on opening leaving a gap. Opening higher and leaving a gap below will be something to look out for, giving us an opportunity to target the lower levels.
Our Hourly chart will give us a better indication of short-term direction which we will look at on opening and over the course of the day.
As present we’re not in any trades, we have a good run from the 1900 level and we closed 90% of our shorts at 1750 which was our target over the last few months.
We’ll day trade when the opportunity arises but our view remains bearish for now.
Support:
1685
1660
1647
Resistance:
1708
1717-20
1737-41
1750-60
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Disclaimer
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.
🔵 FREE TELEGRAM CHANNEL: t.me/KnightsofGold
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.
Disclaimer
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.