marcnatthawee

marcnatthawee

Gold Price still moving in the range between support of $1216 and resistance of $1232 If the price is breaking up and standing above $1232 will reignite the uptrend moves. But if the price of GOLD close below $1216 and lower than SMA200 Gold price may redirect to downward movement. Good Luck, Marc Natthawee

marcnatthawee

Form my assumptions and experiences after price created bearish divergences signal there is a potential that price will move lower. To open position, we need to do 3 important things. 1. Identify types of Divergences. 2. Draw the channel to identify the proper entry price. 3. Choose the proper Risk: Reward which I prefer 1:2 ------ 1. Bearish Divergence (good...

marcnatthawee Updated 

Form my assumptions and experiences after price created bearish divergences signal there is a potential that price will move lower. To open position, we need to do 3 important things. 1. Identify types of Divergences. 2. Draw the channel to identify the proper entry price. 3. Choose the proper Risk: Reward which I prefer 1:2 1. Bearish Divergence (good to open...

marcnatthawee

(Bull Divergence) Open Buy after price closed above channel. Form my assumptions and experiences after price created bullish divergences signal there is a potential that price will move higher. In order to place open position we need to do 3 important things. 1. Identify types of Divergences. 2. Draw the channel to identify the proper entry price. 3. Choose the...