AU Currently in bear market,
If you look at weekly chart, AU break 100 & 200 EMA with long red candle.
In this chart, there is Bear Engulfing that indicates breakdown will coming, pric will move go down.
ADX and DI shown us bear is rising. Yellow area is our support from previous bottom.
Good luck!
If you look at weekly chart, AU break 100 & 200 EMA with long red candle.
In this chart, there is Bear Engulfing that indicates breakdown will coming, pric will move go down.
ADX and DI shown us bear is rising. Yellow area is our support from previous bottom.
Good luck!
Note
TP 1 ReachedNote
TP 2 ReachedNote
TP 3 ReachedTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.