Time to buy gold? harmonic patterns likes you
hello everyone!!!
I found to pattern in gold and a indicator which imply gold will goes up
1) a prefect AB=CD pattern from 1324-1260(the blue one), the price touch 1265 and goes up
2)a bat pattern which is not prefect but still active. you can see the potential reversal zone is near 1250-1260. now price still stay! that a good news!!
RSI seems to go up from 30. If you look from the past, each time RSI WENT from 30, gold went up
good luck and wish you have a good trade
I found to pattern in gold and a indicator which imply gold will goes up
1) a prefect AB=CD pattern from 1324-1260(the blue one), the price touch 1265 and goes up
2)a bat pattern which is not prefect but still active. you can see the potential reversal zone is near 1250-1260. now price still stay! that a good news!!
RSI seems to go up from 30. If you look from the past, each time RSI WENT from 30, gold went up
good luck and wish you have a good trade
Note
now change to batNote
set but limit in XAU/AUDNote
set buy limit in XAU/EURTrade active
let us go xauaudNote
let's go xaueurNote
goTrade closed: stop reached
xaueur STOP reach ,still not a good time to long xau
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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.