Entry Support level idea:
TP Resistance level idea:
Target 1: 1.281000
Target 2: 1.291000
Final SL for all Long positions:
1.255000 Support Level
(This was first posted the ideas in Roger V Club group on the 12th. However, first posted on 15 Feb 2021 on tradingview.)
(Note: The forecast above is an...
After price made a break higher and through the multi-year resistance level price action on the daily chart of Gold has stalled.
Price has formed multiple inside bars and has not been able to break the high of the daily candle from 8 sessions ago.
This market looks bullish whilst the support continues to hold, but the near term support does look important.
APPL has suffered the biggest dump of shares in its history. Price has bounced back by still less than a 38.2% retracement (at this time). Now price is struggling at a key inflexion point. Will APPL recover? I don't know - as I cannot see into the future. The probability estimate at this time is further downside eventually on the weekly to 3-Daily.