Please first read (again) my yesterday post about Gold.
Let's see what do we see in the depth of 4H:
- Price is close to cross above Kijun Sen.
- Forward Kumo got thinner, and Senkou B is down to 1177
- Bearish failure yesterday
- haDelta and haDelta+ possibly gives a bullish cross above their zero lines
- massive bullish divergence in EWO
Buy the candle close above 1177. Initial stop at 1159, first target 1215, second target 1230+.
Let's see what do we see in the depth of 4H:
- Price is close to cross above Kijun Sen.
- Forward Kumo got thinner, and Senkou B is down to 1177
- Bearish failure yesterday
- haDelta and haDelta+ possibly gives a bullish cross above their zero lines
- massive bullish divergence in EWO
Buy the candle close above 1177. Initial stop at 1159, first target 1215, second target 1230+.
