Retracement in sight
Unfortunately gold didn't make above 1750 levels bc of the strong selling pressure in between 1735-1745$ and now indicators like wavetrend, fisher and rsi shows overbought signals in 4h charts. Also a break occured in uptrend. With all these signs we can say that gold is going down, at least for now...
Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.
Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.
Order cancelled
I have found the bullish pennant in the chart.Trade active
Bullish pennant failed.Trade closed: target reached
TP 1 and 2 has been reached.Trade active
Oscillators are still in selling signals so tp 3 might be reached but i am not sure about that...Trade closed manually
There is a huge support level in 1718-1722 so looks like we wont be able to get 1719.Trade closed: target reached
Price made 1718 lol. Ok it is enough:)
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.
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.