Monthly
MAs upward facing with strong bullish price action for the last 2 months - breaking above 1300 per oz.
Weekly
Last 2 weeks very bullish with this week acting as a pullback before heading higher in my view. MAs also upward facing in alignment with monthly TF.
Daily
Clear higher highs and higher lows signalling a strong uptrend. Yesterday's candle closed as a hammer rejecting both the red MA and the 1325 per oz daily support. MAs upward facing.
H4
A clear 61.8% fib rejection in confluence with 1325 per oz and a hammer candlestick formation with a long pin. We also have a clear break of our CTL and MAs about to crossover. This area is also a higher low.
MAs upward facing with strong bullish price action for the last 2 months - breaking above 1300 per oz.
Weekly
Last 2 weeks very bullish with this week acting as a pullback before heading higher in my view. MAs also upward facing in alignment with monthly TF.
Daily
Clear higher highs and higher lows signalling a strong uptrend. Yesterday's candle closed as a hammer rejecting both the red MA and the 1325 per oz daily support. MAs upward facing.
H4
A clear 61.8% fib rejection in confluence with 1325 per oz and a hammer candlestick formation with a long pin. We also have a clear break of our CTL and MAs about to crossover. This area is also a higher low.
Trade closed: stop reached