if jan monthly candle hit 1772, risk to 1669 and 1561
IMPORTANT: THIS CHART ONLY VALID IF GOLD UNDER 1772
monthly RSI ready to leaving bullish trend zone (above 60)
and we can see the zone on monthly too, under 1772 for monthly close really dangerous on Jan
possible mar 2021 see 1669 as target, but that for weekly oversold target
jun/july possible see 1561
note:
it really madness if gold really hit under 1700$
that's just mean gold refused to make new HH until global crisis happen
but when global crisis happen how about the old idea to short 2150 or 2350 zone fore under 1700??? failed? change to target 3300-3500$?
monthly RSI ready to leaving bullish trend zone (above 60)
and we can see the zone on monthly too, under 1772 for monthly close really dangerous on Jan
possible mar 2021 see 1669 as target, but that for weekly oversold target
jun/july possible see 1561
note:
it really madness if gold really hit under 1700$
that's just mean gold refused to make new HH until global crisis happen
but when global crisis happen how about the old idea to short 2150 or 2350 zone fore under 1700??? failed? change to target 3300-3500$?
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