Gold has broken major bullish cycle
RSI and MACD also indicates broken cycle.
We are in deeper retracement now, watching for 1220 - 1215 ( reaction zone) as targets as deeper retracements.
recommendations:
Sell at 1230 - TP 1220- 1215 - SP 1236
Buy at 1220 & 1215+/- , SP 12108 - TP 1230 - 1240 - 1252
RSI and MACD also indicates broken cycle.
We are in deeper retracement now, watching for 1220 - 1215 ( reaction zone) as targets as deeper retracements.
recommendations:
Sell at 1230 - TP 1220- 1215 - SP 1236
Buy at 1220 & 1215+/- , SP 12108 - TP 1230 - 1240 - 1252
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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.