Retracement in sight
Updated
Unfortunately gold didn't make above 1750 levels bc of the strong selling pressure in between 1735-1745$ and now indicators like wavetrend, fisher and rsi shows overbought signals in 4h charts. Also a break occured in uptrend. With all these signs we can say that gold is going down, at least for now...
Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.
Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.
Order cancelled
I have found the bullish pennant in the chart.Trade active
Bullish pennant failed.Trade closed: target reached
TP 1 and 2 has been reached.Trade active
Oscillators are still in selling signals so tp 3 might be reached but i am not sure about that...Trade closed manually
There is a huge support level in 1718-1722 so looks like we wont be able to get 1719.Trade closed: target reached
Price made 1718 lol. Ok it is enough:)
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