GOLD trending in strong bullish parallel channel
with bearish divergence, the price is currently retracing which is a healthy sign for a bullish rally. Right now the price is almost kissing .5 Fib so instant buy or weight for the price to retrace a bit more for a better entry. By applying Fib I have marked the buy limit order with stop loss.
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.
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.