cfetrader
Short

Potential gold correction

FX:XAUUSD   Gold / U.S. Dollar
53 2 0
The stochastic (14,3,3) with boundaries(90,10) has given us a reliable sell signal, in addition to level R2 acting as resistance to further upward price movement. This could be the beginnings of a minor c-wave             that may lead below 1000 (for instance 960 ultimate target).
Longer view further details are presented herein.

snapshot
Reply
cfetrader cfetrader
Short term there is a probable cup & handle formation that may lead a reaction towards resistance level R2, provided the handle isn't negatively breached.

snapshot
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out