GOLD reaches monthly Kijun first time in a year
As the title says, the Ichimoku cloud on doubled settings is giving a possible major support indication for the first time in a year.
The monthly Kijun is also close to the multi-year trendline that is ascending from the last bullrun. The corresponding level on single Ichimoku settings is 1185-1210.
Gold is not your usual asset to do TA on but I may put in some bids on this.
As a supporting scenario, the daily RSI is showing slight bullish divergence as we approach the trendline. Will keep the levels very open as it will be a relatively slow trade. Gold is one of the assets that can be come valuable if a financial crisis occurs 2019-2020. Will be interesting to watch.
The monthly Kijun is also close to the multi-year trendline that is ascending from the last bullrun. The corresponding level on single Ichimoku settings is 1185-1210.
Gold is not your usual asset to do TA on but I may put in some bids on this.
As a supporting scenario, the daily RSI is showing slight bullish divergence as we approach the trendline. Will keep the levels very open as it will be a relatively slow trade. Gold is one of the assets that can be come valuable if a financial crisis occurs 2019-2020. Will be interesting to watch.
Pesanan dibatalkan
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.