GOLD Retest 1515 + potential brakeout
MACD crossed 0 + becoming less red, could be the start of trend reversal
RSI and Stoch RSI is LOW
Gold Bounced Twice from 1450, also the last candle is a green spinning bottom candle + engulfing candle.
So is more likely to retest 1515 resistance line + potential brakeout
so potential target could be 1561.
Depends on how interact gold on 1515 resistance line.
You could open a buy on 1515 after a breakout and pullback.
so your risk reward is 1:4
Push like if this idea useful to you!
Leave a comment below!
Legal disclaimer: I am not a financial advisor.
You trade at your own risk and nobody can guarantee you results.
RSI and Stoch RSI is LOW
Gold Bounced Twice from 1450, also the last candle is a green spinning bottom candle + engulfing candle.
So is more likely to retest 1515 resistance line + potential brakeout
so potential target could be 1561.
Depends on how interact gold on 1515 resistance line.
You could open a buy on 1515 after a breakout and pullback.
so your risk reward is 1:4
Push like if this idea useful to you!
Leave a comment below!
Legal disclaimer: I am not a financial advisor.
You trade at your own risk and nobody can guarantee you results.
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.