salvanost

salvanost Updated 

1h chart trying to use RSI to predict gold movement tomorrow

salvanost

it really simple and beautiful i could relate between trend channel and RSI channel directly, just for 2 days hahahaha have a nice day everyone NOTE: NOT TRADING ADVICE

salvanost Updated 

there 2 scenario break up or break down

salvanost

1h wicks turn out into green candle, would retest 1410 line

salvanost Updated 

is it rejection wicks? formed on 1h chart? confirmed bearish?

salvanost

we going down... it could touch 1365 it could touch 1350 or more... until the fed meeting at end of july maybe turn into bullish trend again or still bear trend to test the bullish flag support

salvanost

i really like this chart very much, the market really respect the chart and weekly trendline very much from there we could see 3 step scenario 1. 2 or more weekly candle would retest the new support line soon (around 135x -136x) 2. that 2 or more red candle would change bullish macd into bearish macd 3. after that we back to side way trend with macd showed...

salvanost

better make it simple the gold moving inside fib channel with down trend if break up then bullish trend

salvanost

maybe stuck at 20 area

salvanost

bear soon

salvanost

1-2 drop now 1-2 drop again

salvanost Updated 

review resistance and support + reminder h4 still bullish...

salvanost

Starting from 5 hour ago h1 surprisingly turned out to bullish trend Now h4 bullish too with gold break out last resistance We enter bullish flag now...

salvanost Updated 

moment of truth will it break 1396 or retest 1386 again before break up 1396

salvanost

if break up = almost bull if break down = almost bear when break up / break down would retest the trend line again

salvanost Updated 

note: i'm still bullish

salvanost

Gold still following the bear flag, after bull trap switch to bear