Gold (XAUUSD)Panjang
Golden
26 February 2023
13:13 (WIB)
In this current situation, The Bearish Market has definitely already taken control of the Gold with descending move that seems will stop at MA200D of the one-day trading session at $1.775 point. The Stochastic RSI shows how dominant the Bears take control of the statistic in a very low and at the bottom lines of the Oversold zone. That means the Bearish Downtrend is on a very strong movement. It is a falling wedge structure indeed. I would rather wait until the price move lower and hit the $1.775 area, and open buy orders expecting the price will start to move higher and higher. Considering the one-day trading session has hit the oversold zone.
13:13 (WIB)
In this current situation, The Bearish Market has definitely already taken control of the Gold with descending move that seems will stop at MA200D of the one-day trading session at $1.775 point. The Stochastic RSI shows how dominant the Bears take control of the statistic in a very low and at the bottom lines of the Oversold zone. That means the Bearish Downtrend is on a very strong movement. It is a falling wedge structure indeed. I would rather wait until the price move lower and hit the $1.775 area, and open buy orders expecting the price will start to move higher and higher. Considering the one-day trading session has hit the oversold zone.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.