Fundamentally, equities are slowly making a recovery.
Technically, 4 hour lwma cross outside of bollinger band. At a key support level on the bottom of the trendline (1675). Gold will go up a little more and then make a decision. First double top was a juke, it needs to make the new double top. Until we break the 200 ema on the 4 hr, I will not sell gold.
Read the chart.
#bbfx
Technically, 4 hour lwma cross outside of bollinger band. At a key support level on the bottom of the trendline (1675). Gold will go up a little more and then make a decision. First double top was a juke, it needs to make the new double top. Until we break the 200 ema on the 4 hr, I will not sell gold.
Read the chart.
#bbfx
Trade closed: target reached:
closed some positions around 1700, moved other positions to break even stop