The problem is, everything looks nice and going up! And that's why I'm worry!
You should stop-loss under the black line.
I wish you good profit!
- The index, stock, commodity, etc. I share here should not mean that I personally take a position.
- It is important that my shares are not interpreted as buy-hold-sell advice in any...
I think, bears will dominate the market for a while.. The weekly chart of gold does not produce good signals..
First, we see the ascending broadening wedge pattern, this means bull market will be over soon.. Also, there is a negative divergence in momentum.. I indicated the support and resistance points on the chart, I think the price will decrease to POC...
XAU/USD Ons Gold'ta bir dead cat bounce formasyonu gözükmektedir. Düşüş devam ederken fibonacci 0.5 seviyesine kadar gelen bir düzeltmenin ardından dead cat bounce gereği 1560 seviyelerine bir düşüş görülebilir. FOREXCOM:XAUUSD
Ons Altın'da flama formasyonu çalıştı ve direk boyu kadar olan hedef değere doğru devam edecek gibi gözüküyor.
The pennant formation worked at Ons Gold / US Dollar and it seems to continue towards the target value up to the height of the pole.
We're following the selling pressure in XAUUSD. With the recovery in the dollar index, the downward trend in Gold will continue and 1470 area will be the support in order to maintain the current selling pressure. If the retreat reaches the bottom of this area, we will closely follow 1462 level. In possible upward movements, on the other hand, 1479 and 1483 will be...
we broke out of the neckline from the inverted head & shoulders formation if we are able to keep above $1375 - $1400 then i expect 1st target to be $1566 by the 0.618 golden fib ratio level. now if we are able to break this with colume and momentum then next target will be $1700 (0.786) fib. $1900 is a possibility but we need to see how things develope after we...