on H4, gold nearly reached 100% level of FB expansion, with 3 FB detected. Momentum confirm with last drop gave us a chance to sell at 50% RF from last high. (normally pairs can sell at 38.2 RF, but gold is strong, 50% is safer).
Sell is running at: Entry: 1248.49, SL: 1253.42, TP 1231.86
PS: long term, gold may reach 1400 this year :)
Sell is running at: Entry: 1248.49, SL: 1253.42, TP 1231.86
PS: long term, gold may reach 1400 this year :)
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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.