Gold now in bearish channell.
U can open low risk short position from 1262-1266 to 1252-1254
+1W and 1D Stoch
+1D MACD
+4h Stoch MACD and etc.
+ Fundamentally all risk from last 3 weeks are almost disappeared.
-IDK, but some traders are sure that 1M picture is bullish. I don't think so.
Downside movement can be rejected only if market will be disappointed in tomorrow's data.
Take care.
Trade well
U can open low risk short position from 1262-1266 to 1252-1254
+1W and 1D Stoch
+1D MACD
+4h Stoch MACD and etc.
+ Fundamentally all risk from last 3 weeks are almost disappeared.
-IDK, but some traders are sure that 1M picture is bullish. I don't think so.
Downside movement can be rejected only if market will be disappointed in tomorrow's data.
Take care.
Trade well
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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.