we have here a gartley pattern that re-test down slopping " trendline ". bearish divergence showed up on RSI oscillator. have to consider set a sell trade for the next couple of days
what do you guys think ?
broke key support .28142 area to the downside give us good selling opportunity to set limit order around that level along with stop loss at .28524 and target .25680 Good RR i think. okay that's all from my side
i will give an update if this pending order get filled. happy weekend guys
gold still in bull favor since the price failed to break lower channel @1216 area in 4 hours TF. need to see it break 1227 to confirm the trend. any thought for this is very welcome
will update later on