- With any macro economy problem, Gold & BTC are always the key asset to to shelter cash flow.
- From Gold H1 chart, It showed strong selling pressure recently. A short plan is reasonable with Gold. Of course, any plan can be wrong, but as a trader & value investor, we have to have the plans to deal with it and prepare to buy more good stocks, assets
- Explain the chart as - NCI system:
1. Strong momentum comes to down key level of H1
2. Big money comes in, Key level has not broken yet. But high probability Gold will go down.
3. Zone & Trend are shown on chart. Please refer on it for more detail
This analyzation is my personal view as a trader - investor, it's not a recommended deal.
- From Gold H1 chart, It showed strong selling pressure recently. A short plan is reasonable with Gold. Of course, any plan can be wrong, but as a trader & value investor, we have to have the plans to deal with it and prepare to buy more good stocks, assets
- Explain the chart as - NCI system:
1. Strong momentum comes to down key level of H1
2. Big money comes in, Key level has not broken yet. But high probability Gold will go down.
3. Zone & Trend are shown on chart. Please refer on it for more detail
This analyzation is my personal view as a trader - investor, it's not a recommended deal.
Note
We had a plan - zones. Before entering, we need to wait for CONFIRMATION as NCi guidance to verify whether market respect that place.Trade active
Next target : 3100 - 3125$Trade closed: target reached
Gold came to 3100-3125$ and start running up! A short up trendNote
And Gold is starting a short up trend and target would be 3211$That's key place to know whether Gold will continue running up or broken 3100$ to continue down trend.
Note
TREND - ZONE - MOMENTUM : Are the key to know what will happen on the marketJayce Pham - Founder & CEO of NCI Trading system
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.
Jayce Pham - Founder & CEO of NCI Trading system
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.