GOLD - 4 hrs chart MACD short signal
On the 4HRS chart MACD is turning down and crossing soon.
It's a strong sell signal. The daily cycle is supporting us: we have 5-7 days to find the daily cycle low.
The possible take profit levels are at the 20EMA, 50EMA, 100EMA.
Even if you are just a daytrader this setup is very good. We must come down to the 20EMA.
It's a strong sell signal. The daily cycle is supporting us: we have 5-7 days to find the daily cycle low.
The possible take profit levels are at the 20EMA, 50EMA, 100EMA.
Even if you are just a daytrader this setup is very good. We must come down to the 20EMA.
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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.