2018-6-6
Few things stands out in the Gold Weekly Chart:
1. Price has tried to pushed through 1357.6 level a few times and failed (Purple)
2. Price eventually broke through the short term support near 1307 after trying to fight back since early Feb
3. Long Term Trend line is broken (Red)
4. Right now the price is moving sideways (Red Zone)
Conclusion: We look to short this market if the market decides to continue its momentum to the downside. Meanwhile, we can trade the consolidation zone (Red).
Few things stands out in the Gold Weekly Chart:
1. Price has tried to pushed through 1357.6 level a few times and failed (Purple)
2. Price eventually broke through the short term support near 1307 after trying to fight back since early Feb
3. Long Term Trend line is broken (Red)
4. Right now the price is moving sideways (Red Zone)
Conclusion: We look to short this market if the market decides to continue its momentum to the downside. Meanwhile, we can trade the consolidation zone (Red).
Not
Gold is finally breaking the consolidation zone !!Not
TP#1 Reached: +600pips
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.