Gold Short Term Bull
Fundamentally, equities are slowly making a recovery.
Technically, 4 hour lwma cross outside of bollinger band. At a key support level on the bottom of the trendline (1675). Gold will go up a little more and then make a decision. First double top was a juke, it needs to make the new double top. Until we break the 200 ema on the 4 hr, I will not sell gold.
Read the chart.
#bbfx
Technically, 4 hour lwma cross outside of bollinger band. At a key support level on the bottom of the trendline (1675). Gold will go up a little more and then make a decision. First double top was a juke, it needs to make the new double top. Until we break the 200 ema on the 4 hr, I will not sell gold.
Read the chart.
#bbfx
Trade closed: target reached
closed some positions around 1700, moved other positions to break even stop
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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.