tifkou

GOLD Sentiment analysis

tifkou Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Here Gold is in a bullish Trend, but we have a kiju-Sun, which blocks the price to go up.
So Here we need to be careful, we will only enter in buy trade if and only if the Prices break above the kiju sun ( acting as resistance level 1784.64 $) and close above it. If not closing above, all Buy trade should be ignore.

Best Course action is to monitor it and wait for the Break-out

Timelines 4H to Daily Trade
Comment:
We were waiting for the candle to close about the kiju-sen and it did, bullish signal valid => Enter long trade from now
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