Update gold next week before new year 2017 - TF 4 hr
I think it should be bias long position.
Because price is higher low.
++Indicator analysis++
1 . rsi break new high and look like ascending triangle.
2. Macd higher low
3. Stochastic signal buy.
So i bias long position.
Target rebound i think around fibo 50-61.8% (1150-1157) for closing long position
Thank you
Because price is higher low.
++Indicator analysis++
1 . rsi break new high and look like ascending triangle.
2. Macd higher low
3. Stochastic signal buy.
So i bias long position.
Target rebound i think around fibo 50-61.8% (1150-1157) for closing long position
Thank you
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