Already Long@1216, target@1240&1250, as pervious plan. To be confirmed after breaked 1225.
Hidden bullish divergence on MACD and RSI Nice H4 pin bar for bullish run 1231-1241-1251 levels to focus 125x lvl preferable to close longs
Look at our SETUP PLAN "Step by Step": 1. Analysis & Setup (RESEARCH REVERSAL PATTERN) 2 . Managed position (RESEARCH SWING AND PATTERN CONTINUATION) We hope that our analysis can help you in your trading, if you think that our work has a value, support us with "I Like" button ... thank you very much!! SignalSwiss TRADING ROOM:...
How we managed this pattern: (Click and Play) Look at our Bullish Setup (Click and Play) We hope that our analysis can help you in your trading, if you think that our work has a value, support us with "I Like" button ... thank you very much!! SignalSwiss TRADING ROOM: www.nonsolotrading.com FACEBOOK: alturl.com
On H1 time frame, we see a Bullish 3D Pattern in development and completion of the corrective structure ABCD. We expect a technical rebound from development area. Look at our Analysis&Setup: (Click and Play) We hope that our analysis can help you in your trading, if you think that our work has a value, support us with "I Like" button ... thank you very...
We hope that our analysis can help you in your trading, if you think that our work has a value, support us with "I Like" button ... thank you very much!! SignalSwiss TRADING ROOM: www.nonsolotrading.com FACEBOOK: alturl.com
Gold seems to reach oversold area soon. However if the 1239 point area will not break down there will not be a signal for sell positions. For sell signal: 1239 For buy signal: 1285 and channel is stable
Recent Global developments and recessions on economic cause to squeezed gold pattern. There are two critical points for its channel; one is for buy signal above 1285 point and the other one is for sell signal below 1239 point (detailed in graph). When the proper points will occured, RSI and MACD should also be considered by traders. Stay with trend! Hope to help...
Gold may Lose All The Gains as it is making reversal patterns already in Daily and Weekly Charts, Also Us Dollar is looking to gain little strength in Technical Charts and if market rally continues, then investors will enter in stocks and free up their capital from Gold which will make further pressure on it.