GOLD Weekly View: Bearish Trend below 89 EMA
GOLD Weekly View:
89 EMA is good to identify Long Term Trend.
Last week, Gold already break down the 89 EMA
This Week, Gold made lower low and confirmed Bearish Trend.
From Supply - Demand view: Gold doesnt' have good demand zone untill 1133
From Harmonic Pattern View: Gold may complete the AB=CD untill 1113
Therefore, The only Strategy we are going to apply is:
Short the pull back
Use Inside Bar to Catch momentum
Use Structure Break down + Pull Back
Trade with your plan.
89 EMA is good to identify Long Term Trend.
Last week, Gold already break down the 89 EMA
This Week, Gold made lower low and confirmed Bearish Trend.
From Supply - Demand view: Gold doesnt' have good demand zone untill 1133
From Harmonic Pattern View: Gold may complete the AB=CD untill 1113
Therefore, The only Strategy we are going to apply is:
Short the pull back
Use Inside Bar to Catch momentum
Use Structure Break down + Pull Back
Trade with your plan.
Nota
Nota
now is 1254Nota
now is 1250Nota
now is 1240
8 EMA have already cut 89 EMA.
Nota
Now is 1228
Nota
Nota
1213 NOWNota
1207
Nota
Nota
Nota
now you understand why i said take some profit.
inside bar break up
gold may rally for a correction
More Discussion:
facebook.com/groups/tntsunrise/
Youtube: PROJACK
抖音： 聚贤说成长
facebook.com/groups/tntsunrise/
Youtube: PROJACK
抖音： 聚贤说成长
More Discussion:
facebook.com/groups/tntsunrise/
Youtube: PROJACK
抖音： 聚贤说成长
facebook.com/groups/tntsunrise/
Youtube: PROJACK
抖音： 聚贤说成长
Penafian
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