Cross check on MACD histogram looks reversed up, recommend to buy with below setup
#️⃣GOLD/USD
📈BUY SETUP
EP: $2,980 - $2,986 💙
SL: $2,978 💔
TP1:$3,000 💚 (resistance rejected)
TP2:$3,020 💚 (break out resistance)
TP3:$3,040 💚 (extend target)
Target: $3,020 - $3,040 🎯
Opportunity to buy
MACD histogram reversed up signed
#️⃣GOLD/USD (rejected resistance $3000 - $3005) sell oppertunity
📈SELL SETUP
EP: $3,000 - $3,005 💙
SL: $3,007 💔
TP1:$2,985 💚 (support rejected)
TP2:$2,970 💚 (break out support)
TP3:$2,950 💚 (extend target)
Target: $2,900 🎯
🔑 Watch on key: resistance $3005 and key support $2,980
#️⃣GOLD/USD
📈BUY SETUP
EP: $2,980 - $2,986 💙
SL: $2,978 💔
TP1:$3,000 💚 (resistance rejected)
TP2:$3,020 💚 (break out resistance)
TP3:$3,040 💚 (extend target)
Target: $3,020 - $3,040 🎯
Opportunity to buy
MACD histogram reversed up signed
#️⃣GOLD/USD (rejected resistance $3000 - $3005) sell oppertunity
📈SELL SETUP
EP: $3,000 - $3,005 💙
SL: $3,007 💔
TP1:$2,985 💚 (support rejected)
TP2:$2,970 💚 (break out support)
TP3:$2,950 💚 (extend target)
Target: $2,900 🎯
🔑 Watch on key: resistance $3005 and key support $2,980
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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.