Gold hit the bottom of the five month Channel Down following the Golden Cross (1d) collapse.
The same bearish leg has been seen another three times (was the logic behind our sell last week) and every time it was completed, the price rose by a minimum of +2.66%.
Trading Plan:
1. Buy on the current market price and as long as Support (2) holds.
Targets:
1. 1864 (+2.66%).
Tips:
1. The RSI (1d) is reversing after dropping even under 20.00. A further sign of a potential short term bullish reaction.
Please like, follow and comment!!
Notes:
Past trading plan:
The same bearish leg has been seen another three times (was the logic behind our sell last week) and every time it was completed, the price rose by a minimum of +2.66%.
Trading Plan:
1. Buy on the current market price and as long as Support (2) holds.
Targets:
1. 1864 (+2.66%).
Tips:
1. The RSI (1d) is reversing after dropping even under 20.00. A further sign of a potential short term bullish reaction.
Please like, follow and comment!!
Notes:
Past trading plan:
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.