while trying to figure out the retrace up (to 3294 - 3305)
I search for a bottom signal
1st red candle on the monthly
The start of the weekly bearish
and powerful support on daily make gold retrace up to 3294-3305 (or higher)
1. MACD and RSI are just bottom indicators, won't show the retracement up signal
2. Stochastic is the key here, however, stochastic is going down while price is going up
3. I expect a 3340 retest because of the anomaly while technically watching 3294-3305
4. while I write 3 retrace up, I wont predict all 3 the retrace up, just keep watching the bottom signal
this just speculation while anticipating the retrace up
I search for a bottom signal
1st red candle on the monthly
The start of the weekly bearish
and powerful support on daily make gold retrace up to 3294-3305 (or higher)
1. MACD and RSI are just bottom indicators, won't show the retracement up signal
2. Stochastic is the key here, however, stochastic is going down while price is going up
3. I expect a 3340 retest because of the anomaly while technically watching 3294-3305
4. while I write 3 retrace up, I wont predict all 3 the retrace up, just keep watching the bottom signal
this just speculation while anticipating the retrace up
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.
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.