As I said last weeks since March 21..after 4 months in which all my analyzes about GOLD were almost perfect,
...exactly as we expected ... GOLD rejected from the Fibonacci zone o.5 and reached the zone 1794 as I said!
in this area I will wait for an extended range and I will enter the trade only at a close for at least 1 day over 1793 or below 1760
- GOLD has been out of range for the past few months and closed below Fibonacci 0.5 again!
for this reason, even if maybe it will go up and reach the 1790 area, I think that in the next period the new range will be between the Fibonacci area 0.5 and 0.618
however ... a closure even for 1 day over the 1790 area will make me reanalyze the entire strategy
THIS WEEEK...as I said, GOLD makes a range between the Fibonacci level of 0.5 and 0.382 ... I will still wait for a week close above 1790 to give BUY until 1837 or even higher ...
until then, I will continue to play between 1790 and 1740, the range of the last months of gold
GREAT ATTENTION:
*This information is not a Financial Advice.
...exactly as we expected ... GOLD rejected from the Fibonacci zone o.5 and reached the zone 1794 as I said!
in this area I will wait for an extended range and I will enter the trade only at a close for at least 1 day over 1793 or below 1760
- GOLD has been out of range for the past few months and closed below Fibonacci 0.5 again!
for this reason, even if maybe it will go up and reach the 1790 area, I think that in the next period the new range will be between the Fibonacci area 0.5 and 0.618
however ... a closure even for 1 day over the 1790 area will make me reanalyze the entire strategy
THIS WEEEK...as I said, GOLD makes a range between the Fibonacci level of 0.5 and 0.382 ... I will still wait for a week close above 1790 to give BUY until 1837 or even higher ...
until then, I will continue to play between 1790 and 1740, the range of the last months of gold
GREAT ATTENTION:
*This information is not a Financial Advice.