We're at a crucial level, at the top of an HTF descending channel and the 1-hour ascending channel.
I expect a retracement where the 2024 level is essential. If we find support here, we can test 2044, a break will make gold bullish.
If we break 2024, then we can retest 2000.8 and potentially break the 2000 level again. These events are critical since we have high-alert news events every day in week 9.
In the short term, I'm in a sell from 2039 with a 0.5% risk, and the trade is at break-even because we had a strong impulse on Friday and I saw a slight rejection. For a more conservative approach, wait for a clear CHOCH.
I expect a retracement where the 2024 level is essential. If we find support here, we can test 2044, a break will make gold bullish.
If we break 2024, then we can retest 2000.8 and potentially break the 2000 level again. These events are critical since we have high-alert news events every day in week 9.
In the short term, I'm in a sell from 2039 with a 0.5% risk, and the trade is at break-even because we had a strong impulse on Friday and I saw a slight rejection. For a more conservative approach, wait for a clear CHOCH.
Not
We respected the Fib 61.8% so the upwards move was still a retracement, Respecting te Daily decending Channel en breaking out the acending channel So far so good. We need a clear break round 2025 because here we have the 1 hour 580ema
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.