Once the momentum of the current sell-off wanes around $2500, I see more buyers back in the market to push XAUUSD to >$2530 today as it would have touched the Basis of the Bollinger Bands. Volatile day!
- The reversion to mean is done and XAUUSD will be rising now despite the current session's pullback after non-farm payroll induced rise.
- momentum will see the price testing the resistance line of the ascending channel moving away from the ascending mean.
- soon the sharp fall in the CCI will also sharply reverse as there will not be a sustained selling pressure over the next few hours whilst the RSI is already indicating towards oversold $GOLD.
- The reversion to mean is done and XAUUSD will be rising now despite the current session's pullback after non-farm payroll induced rise.
- momentum will see the price testing the resistance line of the ascending channel moving away from the ascending mean.
- soon the sharp fall in the CCI will also sharply reverse as there will not be a sustained selling pressure over the next few hours whilst the RSI is already indicating towards oversold $GOLD.
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.