Hello , I will write a little thought about gold)
The price moves in the ascending channel, when it is broken through, you can open a deal for lowering, so it will be more correct according to the Technical analysis.
But I see a big overheated and a triple bear divergence.
For this I try to sell at the level of 1680-1720
Stop Loss 1740
Goals 1575
1545
1515
Ratios Risk Profit 2.9
This is just my opinion, and is not a call to action)
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The price moves in the ascending channel, when it is broken through, you can open a deal for lowering, so it will be more correct according to the Technical analysis.
But I see a big overheated and a triple bear divergence.
For this I try to sell at the level of 1680-1720
Stop Loss 1740
Goals 1575
1545
1515
Ratios Risk Profit 2.9
This is just my opinion, and is not a call to action)
Looks good? Leave a like, share and leave a comment.
Thanks for visiting.
Trade active
first take 1575 - doneTrade closed: target reached
2 -targets done / next change to 1525 /
stop in profit /
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Related publications
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.