XAU Buy
On the daily, I see that price was in a downtrend and hitting -27 on the daily fib, triple bottom on support but still trending downward.
On the 4HR, I can see that price was trending downward pulling back to 38.2 on the FIB and consolidating on the weekly level. There's bullish divergence on the RSI.
On the 1HR, I see that price was in a downtrend, reversed for the buy after hitting -61.8 and has been consolidating on a weekly key level ever since. RSI is Bullish.
CURRENTLY: I am looking to see if price will break and retest minor trendline and make its way back to previous resistance level @ -27 on the minor fib.
(100 pips)
ULTIMATELY, I am looking for Gold to be bearish with week since the Dollar index is bearish and has not yet hit -27 on the daily fib.
On the 4HR, I can see that price was trending downward pulling back to 38.2 on the FIB and consolidating on the weekly level. There's bullish divergence on the RSI.
On the 1HR, I see that price was in a downtrend, reversed for the buy after hitting -61.8 and has been consolidating on a weekly key level ever since. RSI is Bullish.
CURRENTLY: I am looking to see if price will break and retest minor trendline and make its way back to previous resistance level @ -27 on the minor fib.
(100 pips)
ULTIMATELY, I am looking for Gold to be bearish with week since the Dollar index is bearish and has not yet hit -27 on the daily fib.
Trade chiuso: obiettivo raggiunto
Trade chiuso: obiettivo raggiunto
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.