GOLD - right now bearish divergence
when drop?
1680-1707 area
move down can lead to create bullish divergence
expect huge move down even to 1430 (if 1540 can not hold) until 21 April 2021 and then hard test of 1800-1900 zone in 2023 - will we go to 2050$ gold before 2025?, in scenario when we will go 1800-1900 around 2023 - don't think so, angle of creating HH will be lower
but if we will have sharp move to 1800 (sharper then 1200-1600) - YES
business inquiries admin@vanderhedge.com
when drop?
1680-1707 area
move down can lead to create bullish divergence
expect huge move down even to 1430 (if 1540 can not hold) until 21 April 2021 and then hard test of 1800-1900 zone in 2023 - will we go to 2050$ gold before 2025?, in scenario when we will go 1800-1900 around 2023 - don't think so, angle of creating HH will be lower
but if we will have sharp move to 1800 (sharper then 1200-1600) - YES
business inquiries admin@vanderhedge.com
Comment:
If you had limit orders opened for Long in green area, you could get nice swing position. Same applies for red area.
Comment:
perfect call - drop from 1680 to around 0.382 fibo as I write this.
Just was expecting to happen bit lately, not that fast.
Results:
long from 1590 to 1680 - siting limit orders for buy & sell -> converted to short reaching 1680, closing on 1590.
Waiting to re-entry after analysis of this volatile crazyness.
Just was expecting to happen bit lately, not that fast.
Results:
long from 1590 to 1680 - siting limit orders for buy & sell -> converted to short reaching 1680, closing on 1590.
Waiting to re-entry after analysis of this volatile crazyness.
Trade closed: target reached