Hi everyone
Gold is still moving sideways, price still below ICHI cloud and MACD is in negative side
but seems MACD line is going to cross the signal line and histogram tend to move upside (daily setup)
on the chart price still moving into a huge wedge so both side of the wedge could be test again
right now I'm not bullish or bearish but if the price breaks each one of the support or resistant line
then the trend can be more clear. so right now the best move is waiting and being patient.
by the time we had a clear trend I will update my idea
Enjoy the market
Gold is still moving sideways, price still below ICHI cloud and MACD is in negative side
but seems MACD line is going to cross the signal line and histogram tend to move upside (daily setup)
on the chart price still moving into a huge wedge so both side of the wedge could be test again
right now I'm not bullish or bearish but if the price breaks each one of the support or resistant line
then the trend can be more clear. so right now the best move is waiting and being patient.
by the time we had a clear trend I will update my idea
Enjoy the market
Trade active:
still moving into the ranged zone.
Comment:
if the price break and close below the key level 1770 the second scenario is most probable.
