I am looking for a short-term setback here as the price was rejected noticeably of the 50-days SMA and near the 50 percent retracement level. Stochastic enters overbought region.
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Comments
jangseohee
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a potential HS
Technician
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No valid one in my view mate
jangseohee
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ok
ElPatron.Y
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Remember that one when I saw it they said I'm crazy :D
Sakil_Mah
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I was buy gold 3pip @1213, but i dont what i do, wati or sell? Please help me
Casey_Yeo
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just thought the signal on silver looks better - pin bar at 61.8% fib + resistance zone.
Technician
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Yep noticed silver as well..
IvanLabrie
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Gold has a straight, no base rally...Silver has more signs of accumulation in the background.
Casey_Yeo
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Great observation. What I'm seeing is false break of the consolidation earlier this week and resistance.
The big bullish candles from last week could be obstacles for shorts.
IvanLabrie
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It's a tough call considering the equity situation...Let's see what happens tomorrow, if we see a nice move under the highest low, that'd confirm this trade for me.
I think dollar rally next:
tradingview.com/v/oL1EawLM/