more downward pressure may come

2023년 2월 6일

if you followed my last post on gold you can notice price finally closed below my baseline , declined.

and hit my support level targets.

although I expected from 1940 price will drop however the main key level was closing above or below

the baseline on my chart. this is important we have a baseline strategy to manage our trade.

now the strategy would be the same based on my new baseline around 1903$.

closing below the baseline meaning more downward pressure has to come. also on MACD 12H setting

MACD line is closing below zero level meaning more downward pressure could happen soon.

however closing above the baseline may invalidate our strategy temporarily.



Enjoy the market

2023년 2월 10일

액티브 트레이드

declined after some consolidation as expected.

2023년 2월 16일

노트

our main support broke and declined. so I expect the support area will be tested.

2023년 2월 17일

거래청산: 타겟 닿음

congrats, our main target area hit.

2023년 2월 26일

노트

exactly on the lowest support level as I expected.... trading completed