Gold retrace to continue!
There is a hidden div. After uptrend, amazing.
well there is some chances of retracement. Atually it has already...
here is my idea for XAUusd possibilities...
40% continue uptrend as it has tested the green support line
45% to break MA 50 (yellow) and the green support and drop to the next reversal zone, White trend and MA100 (green)
15% chance to breake MA 100 and test 0.618 level and MA 200 (red), what we do not want to see is a valid break of this level which is very unlikly.
Good profits for you all!
well there is some chances of retracement. Atually it has already...
here is my idea for XAUusd possibilities...
40% continue uptrend as it has tested the green support line
45% to break MA 50 (yellow) and the green support and drop to the next reversal zone, White trend and MA100 (green)
15% chance to breake MA 100 and test 0.618 level and MA 200 (red), what we do not want to see is a valid break of this level which is very unlikly.
Good profits for you all!
Nota
Gold has broken green line and MA50 and touched the trend line not, however its below MA100.Im expecting a rejection from trend here.
MA200 and lvl 0.618 are at 1390 together now providing strong support.
RSI is at 36 which has been a support since Aug 2018 broke up.
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.