I have posted a bearish chart yesterday on gold and I think it will make more sense when looking at the long term daily chart
Everything mentioned in the chart ....
This trend on broken support has been seen in the past as shown by the eclipse
Do pay attention on the time of each cycle :)
I hope this hekps
Any feedback is appreciated
Best of luck
Everything mentioned in the chart ....
This trend on broken support has been seen in the past as shown by the eclipse
Do pay attention on the time of each cycle :)
I hope this hekps
Any feedback is appreciated
Best of luck
Note
TP1 reached ... :)Looking for more down
Note
A great really by gold as expected .. hopefully you got some action too :)I will be looking closely at the 0.78 fib level
Lets see how it plays
I will update the chart as soon as the trend is clear
Trade closed: target reached
Hopefully you have got some good profit too :)Disclaimer
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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.