ANG starting to look attractive here, Think this move is overdone, weekly chart sitting at 68% Fib level.
Stochastic very oversold, RSI leaving some space...
*Might be Wave 4 Low around 37000... Hope so
*Wave 5 target is around 58000
Need a Bullish candle on weekly close
Stochastic very oversold, RSI leaving some space...
*Might be Wave 4 Low around 37000... Hope so
*Wave 5 target is around 58000
Need a Bullish candle on weekly close
Comment:
The further weakness in the golds overall, means EW count is wrong - Hopefully ANG can find solid support here, indicators heavily oversold - keep eye on volume going forward