XAUUSD: Gold Correction Finished?
Indicators & S&R Levels are implicating growth.
1st TP: $1,779
2nd TP: $1,830
SL: $1,690
- 214 Days ABC Correction seems to be completed.
- Daily SRSI just getting out of Oversold zone.
- Accumulation in CRSI is seen at the bottom.
- Note: 6 Month Times frame has made a NEGATIVE ENGULFING FULLBODY CANDLE & SRSI is still in Overbought zone.
- As a result, this growth can only be local/temporary to the introduced targets.
Not a financial advice.
1st TP: $1,779
2nd TP: $1,830
SL: $1,690
- 214 Days ABC Correction seems to be completed.
- Daily SRSI just getting out of Oversold zone.
- Accumulation in CRSI is seen at the bottom.
- Note: 6 Month Times frame has made a NEGATIVE ENGULFING FULLBODY CANDLE & SRSI is still in Overbought zone.
- As a result, this growth can only be local/temporary to the introduced targets.
Not a financial advice.
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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.
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.