Gold Had a huge rally starting around Jan 2016 and has been trending up ever since.
We are currently in a pull back but still within the bullish trend channel.
I am currently short on gold but i am waiting for price to hit the green price zone around $1316-$1300 to see if I
should add more shorts or start to think about longs depending on price action.
We currently have a RSI & MACD4C Bearish Divergence leading me closer to the short idea.
We are currently in a pull back but still within the bullish trend channel.
I am currently short on gold but i am waiting for price to hit the green price zone around $1316-$1300 to see if I
should add more shorts or start to think about longs depending on price action.
We currently have a RSI & MACD4C Bearish Divergence leading me closer to the short idea.
Comment:
price is now very close to the zone where i will either enter long or add more shorts