The weekly chart shows gold is in an uptrend.
Cloud - thick, green . Span A pointing up and Span B is flat.
Tenkan is above Kijun and both pointing up at 45 degrees.
Chikou is in free space above the cloud.
Price is significantly above Tenkan Sen. It has formed 2 weekly candles with small real bodies.
The buyers cannot shift price much above 2500.
The daily chart shows the current swing is 2352 - 2533. If we take a Fibonacci retracement , the optimal levels to consider sees price at 24-21 - 2442.
The 20 ma>50ma>200 ma channel , reflecting the uptrend. The 50 ema is in this confluent zone.
Structural support comes in around 2440.
RSI - both the daily and weekly charts reflect a bearish divergence.
I am wondering if the sellers take control early next week and shift price to 2240.
Cloud - thick, green . Span A pointing up and Span B is flat.
Tenkan is above Kijun and both pointing up at 45 degrees.
Chikou is in free space above the cloud.
Price is significantly above Tenkan Sen. It has formed 2 weekly candles with small real bodies.
The buyers cannot shift price much above 2500.
The daily chart shows the current swing is 2352 - 2533. If we take a Fibonacci retracement , the optimal levels to consider sees price at 24-21 - 2442.
The 20 ma>50ma>200 ma channel , reflecting the uptrend. The 50 ema is in this confluent zone.
Structural support comes in around 2440.
RSI - both the daily and weekly charts reflect a bearish divergence.
I am wondering if the sellers take control early next week and shift price to 2240.
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.