The price is holding up at a main fib. level and in a downward wedge formation.
Observations:
> Upward Trend is intacted
> 21 EMA on the Weekly acting as support
> RSI and Stoch indicating Hidden Bullish Divergence
> Previous resistance of 2012 can act as support or is trying to
> Media\News: Gold is being sort out for risk management due to the fiat concerns, central banks are buying up gold, etc
3D Chart
Observations:
> Upward Trend is intacted
> 21 EMA on the Weekly acting as support
> RSI and Stoch indicating Hidden Bullish Divergence
> Previous resistance of 2012 can act as support or is trying to
> Media\News: Gold is being sort out for risk management due to the fiat concerns, central banks are buying up gold, etc
3D Chart
Comment:
Discord: TradeToProspa
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
