I think this can be an alternative to the previous analysis, of course, the world of a trader is different from the world of an analyst.
buy the gold for the test Daily resisyance again and agan to break.
Set the Short order, the moving average cross togather and the super trend Active like a resistance in 4h so put the sell order by now.
i think that the gold will be arrive to the weekly Pivot. the ema 30 & 50 Cross on 15m and the super trend give buy signal by the risk to reward 1:1 it should be go up.if you right me like and fallow.
If you need to relaxation. so Fasten your seat belt because we are going to slide on the price and go to the depths of the eart. but the price need to approve. so wait then jump.
i think that not be late to open a buy orfer. so hurry up! falow me to pblish more. and if you need to copy of my trade say on comment to send MQL5 Link to subscribe. have a good trade. be carefull and dont forget your money managment.
the right way is up and when touch the below of cgannel 4h and break the 1H channel, we shoud do the right. see you on top of the chart 2055
Ithink that you can bye for now to touch the above of channel but be carefull for the Ichimoko lines who the price swing on that.
Comment your Idea! i think that the price come down. ofcorse after break the channel & super Trend and UT Bot Support this Analysis.
Gold will probably go up to 1,700 and come back from there. Certainly, the gold index is presured and after the news is known, so gold will grow.
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According to Mr. Ilan Musk's TV show, as well as the sellers' stress about the $ 0.73 price ceiling, which was close to 161% of the Fibonacci Wave 1 extension, it can be interpreted that Wave 3 is over and the price chart has entered Wave 4 to correct the trend. And it will retreat as much as 38% and eventually the 50% Fibonacci Wave 3 shadow ($ 0.37) and move...
Due to the collision of the price with the daily support and also the formation of the 4 Elliott wave, which we mentioned earlier in the previous analysis. You can now buy and increase your capital. The goal is to reach the $ 0.75 price range.