Gold setting up on the Momo Oscillator / TVI (over valued). Decelerating trendlines.
The trend should pull gold down / along with the few miners. We might see a further push higher. Watch out if long.
While running my scans, for the Pullback trades, These were the only tickers that popped up. Timing is key.
Comments
A-shot
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So this run is a fakeout?
UDAY_C_Santhakumar
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Two different setup in two different time frames. There is a channel uptrending in 15 mins. The Daily rally back to resistance. With the Daily trend being strong, the price tends to revert back to its mean.