KingdomOfMahdi

KingdomOfMahdi

Gold has done well due last week, but due to technical considerations as mentioned below, it is good time to short gold with best risk/reward. 1. There is an obvious divergence between RSI and price chart. 2. There is a bermuda triangle in the ichimoku indicator that absorbs the price toward itself. Then short gold from 1867_1870 with target of 1853, 1848, 1835.

KingdomOfMahdi

Naka and possible movement+ important support and trend lines

KingdomOfMahdi

Rose is in an ascending channel. All the necessary lines are drawn.