GOLD Long ONLY if breaks above Pivot P
Gold is signalling a strong divergence in 3h 1h and 15' chart.
But the bearish trend from yesterday was too strong to ignore.
Price is bouncing off Daily MA 52 and 104.
I will enter a long order when price breaks above and close a candle above Pivot P.
Target to R1.
Stop will depend on chart, below previous low should do.
But the bearish trend from yesterday was too strong to ignore.
Price is bouncing off Daily MA 52 and 104.
I will enter a long order when price breaks above and close a candle above Pivot P.
Target to R1.
Stop will depend on chart, below previous low should do.
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