the biggest enemy of bearish trader, retest 1900 zone
previously I said RSI is not good as a bearish or bullish indicator but good at timing indicator to predict top-bottom timing when that happen
and I said Feb will be highest price zone for gold and late Mar or April as lowest price zone for gold, let's skip on Mar or April and focus on Feb
I already create an idea about 1850 retest then drop to the 1746 area
so why did I create a bullish chart this time?
because it possible to bullish to 1900 zone...
it visible on weekly, and it is possible on daily too
but for now, it need to invalidate the bearish divergence on 1848, go higher to 186x first
and I said Feb will be highest price zone for gold and late Mar or April as lowest price zone for gold, let's skip on Mar or April and focus on Feb
I already create an idea about 1850 retest then drop to the 1746 area
so why did I create a bullish chart this time?
because it possible to bullish to 1900 zone...
it visible on weekly, and it is possible on daily too
but for now, it need to invalidate the bearish divergence on 1848, go higher to 186x first
Comment:
if 1848 failed as resistance and instead become support
