The beginning of correction ↓: Difficult situation. All the potential has been exhausted since the beginning of the trading session. But at the moment nothing but correction and selling should be considered. 1) Important level 2065. 2) retest and break of 2065 level will form sales and price correction to the support. 3) The market has updated the maximum of...
70% breaking yesterday high is buy signal , all pro trader looking for fibo 61% = 1900 area AC indicator on daily chart is green mean =up trend will start soon (if low not break,break low will switch signal) 30% bad scenario= need bad news= if low break gold can go to fibo 615 daily near 1750 (i will buy there after buy pinbar come for hold 30-40 day to next...
look like gold want touch 1965 , then it can go down gold daily chart technical say gold must go down to Fino 50% area ( I think red scenario will happens) let see gold futures and Cot data (big banks net open order) AC indicator was red,but price move up and break high yesterday true? so its sell signal now switch to buy STRONGLY ADVICE DONT PICK...
📌 @ridethepig Gold Market Commentary 21.12.2020 Floor and support building We have just played a perfectly timed ABC sequence towards $1,800 with all the wanderlust to the sellers who were so full of hope. But there are sometimes subtle differences between a pullback to gather energy (for the next leg up) and a full blown retracement. There may be all sorts...