Weekly Update Trend XAUUSD by C.August SPTR
Trend information
-Secondary trend : Down trend
Cancel Secondary trend : 2450
-Minor trend : Down trend
Cancel Minor trend : 2354.8
-Strategy : Swing Sell or Follow Sell
This week's expectations come from Indicator : Periodic Range Volatile
Range Volatile Week Low : 2287.5
Range Volatile Week High : 2382.0
(Range Volatile is subject to change during the week)
-Secondary trend : Down trend
Cancel Secondary trend : 2450
-Minor trend : Down trend
Cancel Minor trend : 2354.8
-Strategy : Swing Sell or Follow Sell
This week's expectations come from Indicator : Periodic Range Volatile
Range Volatile Week Low : 2287.5
Range Volatile Week High : 2382.0
(Range Volatile is subject to change during the week)
Order cancelled
The price has already surpassed the Cancel Minor trend point, indicating a stronger perspective towards an uptrend.We should wait for the momentum to slope down and the price to form a higher low.
Once the momentum or price structure in the smaller time frame returns to an uptrend, we can re-enter the trade.
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.