Sell idea on the Dax - follow me on Instagram - @KingAbaitey & TRFTglobal
I believe the gold price is on its way down on a 4hr chart, but we shall find out during the week if the fundamentals don't take it to the opposite direction. Good luck!
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...
Looking at the chart, we have third confirmed respect on the trendline, also the demand around the 23rd of March has not been broken, I think the market is on its way up. Again unless the fundamentals prove different but lets see. Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade...
Following the supply and demand levels from these analyses and also the trendline strategy I believe there will be a slight push back and the market will get back on an uptrend, this should happen unless the fundamentals prove different.