Gold bought at Supply Zone (1184-1179). Gold pierces Resistance trendline, and falls in Demand Zone (1237-1245) Gold to retest Demand zone (1237-1240); and pierces Resistance trendline (1243-1245). RSI will present Gold is Overbought. Stop Loss: 1250 Take Profit: 1.1219 2. 1st Supply Zone (1213-1206) 3. 1206 Support Trendline 4. 2nd (Green) Suppy Zone...
Price is consolidating with a tight Support and Resistance - 16.138-16.838. Awaiting bearish breakout, then for price to continually fall. SILVER Long: 15.68-15.844 (Golden Circle) Stop Loss: 15.160-15.400 Take Profit: 26.560
Gold LONG: 1217.847 Stop Loss: 1199.285 Take Profit: 1433.105
Gold Short: 1306 (at point of Resistance Channel) Take Profit: 1290-1285 Gold Long: 1290 (at Support trend line) Stop Loss: 1285 Take Profit: 1319-26 RSI Downtrend breakout set to occur after piercing support trend line at 1290 @ RSI Lower band 32-30 Double Top affirms Demand lacks strength. Hence, take profit at Supply Zone - 1319-1326
Safest Long Opportunity (golden area) Long: 0.79225-0.79699 Stop loss: 0.78879 Next Long Opportunity Short: 0.81364-0.80968 Long: 0.79942-0.80799 Short: 0.92980 Stop Loss: 0.93491 Long: (at demand zone) 0.88101-0.80465 Stop Loss: 0.86232