Gold broke today under the MA200 (4h) for the first time since August 7th.
So far that hasn't invalidated the 5 month Channel Up, in fact today's low makes a perfect Higher Low for the bearish wave.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2845 (+7.31% rally, which is the lowest it has so far inside the Channel Up).
Tips:
1. The RSI (4h) hasn't been this oversold (reached 20.00) inside the Channel Up. An additional strong buy signal.
Please like, follow and comment!!
Notes:
Past trading plan:
So far that hasn't invalidated the 5 month Channel Up, in fact today's low makes a perfect Higher Low for the bearish wave.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 2845 (+7.31% rally, which is the lowest it has so far inside the Channel Up).
Tips:
1. The RSI (4h) hasn't been this oversold (reached 20.00) inside the Channel Up. An additional strong buy signal.
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.