Hello Friends,
Gold weekly over bought and we have a daily descending triangle. Looks like a move towards the bottom of the weekly channel up. Not to say it will happen fast. I expect a move according to daily triangle then a move up as indicated on the charts.
Gambit Daily
R3 1553.28
R2 !538.76
R1 1513.67
Pivot 1499.15
S1 1474.06
S2 1459.54
S3 1434.45
Not trading advice, do own research.
Cheers
Gold weekly over bought and we have a daily descending triangle. Looks like a move towards the bottom of the weekly channel up. Not to say it will happen fast. I expect a move according to daily triangle then a move up as indicated on the charts.
Gambit Daily
R3 1553.28
R2 !538.76
R1 1513.67
Pivot 1499.15
S1 1474.06
S2 1459.54
S3 1434.45
Not trading advice, do own research.
Cheers
