Oro / DollaroLong
Gold Analysis
Recently , after the massive sell off of XAU , many were traumatized and left traders in a daze. Market has been slow the past few days but if you are one of the many whom lost to the sell off , take a break to compose yourself and make a new trading plan.
PLAN - RSI showing bullish divergence , enter when candlestick closes above 1746 which is at 0.786 Fibonacci level. Target is 1764. MACD has crossed as well.
Risk disclosure - Trade at your own risk.
PLAN - RSI showing bullish divergence , enter when candlestick closes above 1746 which is at 0.786 Fibonacci level. Target is 1764. MACD has crossed as well.
Risk disclosure - Trade at your own risk.
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