GOLD's breakout of the triangle it formed was quite something. First, what appeared to be a fakeout to the upside, catching the bulls a bit early. Then collapsing back into the triangle.
Price threatened a downside break, and then picked itself up, broke up again (and retested) and then promptly took out the $1325 target I had drawn in.
Friday's candle looks a bit bearish, doesn't it?
However, the bears weren't able to capitalise at all yesterday.
Where to from here? I think today's candle close will be us a good clue.
If today's candle threatens yesterdays low, a short down to $1325 is in order. Alternatively, if today's candle starts "eating up" the wick of Fridays candle, the bulls are stil pushing this one higher.
Price threatened a downside break, and then picked itself up, broke up again (and retested) and then promptly took out the $1325 target I had drawn in.
Friday's candle looks a bit bearish, doesn't it?
However, the bears weren't able to capitalise at all yesterday.
Where to from here? I think today's candle close will be us a good clue.
If today's candle threatens yesterdays low, a short down to $1325 is in order. Alternatively, if today's candle starts "eating up" the wick of Fridays candle, the bulls are stil pushing this one higher.
İşlem kapandı: hedefe ulaştı
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.