The price is holding up at a main fib. level and in a downward wedge formation.
Observations:
> Upward Trend is intacted
> 21 EMA on the Weekly acting as support
> RSI and Stoch indicating Hidden Bullish Divergence
> Previous resistance of 2012 can act as support or is trying to
> Media\News: Gold is being sort out for risk management due to the fiat concerns, central banks are buying up gold, etc
3D Chart
Observations:
> Upward Trend is intacted
> 21 EMA on the Weekly acting as support
> RSI and Stoch indicating Hidden Bullish Divergence
> Previous resistance of 2012 can act as support or is trying to
> Media\News: Gold is being sort out for risk management due to the fiat concerns, central banks are buying up gold, etc
3D Chart
Note
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.