It seems we are just having one more possible entry in gold.
Price tagging the 100 SMA on the hourly chart. If it doesn't act like a support zone we will drop close to the previous low again (1238).
MACD might want to turn up again above zero and RSI is oversold enough for the next leg up.
This call is pretty close to my earlier entry.
The picture is tricky because I don't see any pattern evolving in gold right now.
Price tagging the 100 SMA on the hourly chart. If it doesn't act like a support zone we will drop close to the previous low again (1238).
MACD might want to turn up again above zero and RSI is oversold enough for the next leg up.
This call is pretty close to my earlier entry.
The picture is tricky because I don't see any pattern evolving in gold right now.
코멘트:
Adding to the position.
코멘트:
BUYING
코멘트:
Today or tomorrow daily candle will be a reversal candle.
코멘트:
If my speculation is right the 2017 yearly low at 1205 will be protected hard. We might have seen this year’s low a few hours ago at 1211$.
코멘트:
The party is just starting. Swing in place.
코멘트:
Yesterday was a typical day where the early bulls' weak hands lost their positions and the late bears entered their short trades.
코멘트:
Time to switch to the 4 hr chart and see how the true double bottom is getting formed.
코멘트:
코멘트:
If we can close above 1234 , -especially 1235- I will post a daily long idea.
코멘트:
We are close to break out of the consolidation
코멘트:
The daily chart looks like a rollover again.
Only the daily close will be a teller if it was another trap for the bears or something else.
Only the daily close will be a teller if it was another trap for the bears or something else.
코멘트:
Daily chart is giving the bottom signal with the trendline break.
코멘트:
I’m sure the breakout will be a big move (20-25$) so waiting for a daily close might cost 10-15 $.