- Price breaks down ascending trendline
- Structure Pullback is expected
- 89EMA makes resistance
- Trendline 3rd touch before drop
- RSI at overbought level
Watch for price to test 1303.00 level + trendline
Then wait for price action to sell GOLD
Target: Ascending lower trendline
Stop: 1313.00
- Structure Pullback is expected
- 89EMA makes resistance
- Trendline 3rd touch before drop
- RSI at overbought level
Watch for price to test 1303.00 level + trendline
Then wait for price action to sell GOLD
Target: Ascending lower trendline
Stop: 1313.00
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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.