GOLD Long
Williams Alligator Indicator shows the lips, teeth and jaw lines moving downwards and further away from each other, indicating GOLD is in a downtrend and experiencing bearish momentum.
RSI shows that GOLD is oversold, therefore, it might be prime for a trend reversal or price correction.
MACD line is under the signal line, and both of them are under the baseline, indicating that GOLD is in a downtrend and experiencing bearish momentum.
Overview: Overall, all indicators suggest that GOLD is in a strong bearish trend. Due to that, the RSI suggests that it might be prime for a bullish trend reversal, or price correction. It is best to hold trade for a short period and be cautious with timing as it only aims to profit from the correction, and therefore, a long position is recommended. Entry price should be set slightly higher than current price for assurance, and stop loss should be set at about -5%.
RSI shows that GOLD is oversold, therefore, it might be prime for a trend reversal or price correction.
MACD line is under the signal line, and both of them are under the baseline, indicating that GOLD is in a downtrend and experiencing bearish momentum.
Overview: Overall, all indicators suggest that GOLD is in a strong bearish trend. Due to that, the RSI suggests that it might be prime for a bullish trend reversal, or price correction. It is best to hold trade for a short period and be cautious with timing as it only aims to profit from the correction, and therefore, a long position is recommended. Entry price should be set slightly higher than current price for assurance, and stop loss should be set at about -5%.
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.
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.