TradingView
Ruach888
Apr 14, 2020 3:40 PM

Just for Giggles for those who are looking for Tops. :) 

Gold / U.S. DollarFOREX.com

Description

We can look at the same chart and have different interpretation. One way to call it a top is a Head and Shoulder formation so watch out for re-attempts at the High on its pullback. Double Top is also a probable scenario.
Will 1680 Hold? I am quite doubtful due to my stated reasons. So far touched the Daily Standard Bollinger Band Tip. Will see the re-attempt at Today's High. I am very interested if Gold can really break the 70 RSI Daily. If it does, then we can say Hello to 1800 to 2000 level. Otherwise, all indicators will held true - DIVERGENCES. :)

By the way, I learned that in one way or another Tails are filled but only in change of Trend. Watch out for the Tails on Monthly and Weekly. Enjoy your trading.
More