Golden opportunity in a pullback
Gold GC1! weekly chart is showing a rejection about the triangle resistance, as it ended the week slightly positive, but in a gravestone doji-like candlestick.
MACD is pulling back as well.
The Non-Commercial Net Interest (bottom panel, orange line) is rejected at the resistance and staying within a triangle. Watch it for the possible breakdown in the weeks to come.
The Top8 Traders Net interest is slightly more net short than a week ago, turning lower to continue the downtrend. Watch this as well.
Overall, this chart suggest downside risks, or a consolidation at best.
MACD is pulling back as well.
The Non-Commercial Net Interest (bottom panel, orange line) is rejected at the resistance and staying within a triangle. Watch it for the possible breakdown in the weeks to come.
The Top8 Traders Net interest is slightly more net short than a week ago, turning lower to continue the downtrend. Watch this as well.
Overall, this chart suggest downside risks, or a consolidation at best.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.