Gold on a bullish setup to reach the weekly trendline
I´ve been watching gold since it has been ranging till it reached 1205.
I see there has been a break and retest of the down trendline (yellow circle)
Weekly candles look very well bullish and the 1200 support area wasnpt broken.
I see gold reaching Its last high of 1280 and if we break it we can see the same advane as the range it was stucked in, which is close to $80 dollars. If break to the upside with the range advance, I expect the weekly downtrenline to be tested (Larger yellow circle)
Trade safe traders, Regards! ;)
I see there has been a break and retest of the down trendline (yellow circle)
Weekly candles look very well bullish and the 1200 support area wasnpt broken.
I see gold reaching Its last high of 1280 and if we break it we can see the same advane as the range it was stucked in, which is close to $80 dollars. If break to the upside with the range advance, I expect the weekly downtrenline to be tested (Larger yellow circle)
Trade safe traders, Regards! ;)
Dagangan aktif
SL at +100 pips. Trade safe traders, regards! ;)
Dagangan ditutup: hentian tercapai
Price reached my SL at +100 pips.I see weekly price action forming a head and shoulders pattern and also we have a clear break of the trendline, this is a clear short.
Trade safe traders, regards! ;)
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.