*Bullish candlestick *Bullish divergence *fib support
Could target 1500.
Comments
traderWgun
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Hi, guys. Thx for the feedback. I have posted the reasons why I'm long
and which metods I'm using to decide which side I will trade,
I can only be wrong or right, the important thing is risk mangment.
Of course there is lenty of reasons to be short also
I also disagree. We are supposed to trade rangebound the next days your white horizontals. The upward channel had been broken. Draw a new downward channel and you will see that the rise expected may b every limited. It even looks like a head and shoulder and if the neckline once will be broken then we will find ourselves back veru much lower, lower than 1200.
sunny
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cannot agree on gold bullish for short/medium term.
yesterday, gold just came back to the 63% fib line and is going back down -
and which metods I'm using to decide which side I will trade,
I can only be wrong or right, the important thing is risk mangment.
Of course there is lenty of reasons to be short also