Looks like if until the end of tommorow the price will be under 1930 we going to see another downtrend and maybe even a red week on the next week . the cloud shows us positive and it is pretty supportive so you have to take a risk and take care of your position , it is not a financial advice or trading/investment addvic; only my analysis for trading . Dont...
IF we'll not get a bullish report or news it is looks like there isnt strong support and the laggin span going to cross down the chart . right now im looking to short 1935 point and to buy 1925 . short sl 1945 tp 1910
Long sl 1915 tp 1943. I am not investment/trading adviser it is only my analysis , not an advice .
The upward trend is breaking.
This can be seen by the flag. Note that the cloud is positive which means the Bias is still positive so you should be careful.
DISCLAIMER:This analysis is not an investment advice but only a personal analysis and is not a substitute for the investment advice service. The analysis does not include news and data of reports that may...
not a financial suggestion , just take a look on rsi on daily chart we are in oversold area below 30 . more than it we got big supportive rejection that hammered 1700 and below lows . a lot of stop losses got hit yesterday so it will a little bit harder from now for sellers to get those dips .
Hi it looks like the gold going down even more but maybe it will going up first ?
if you will compare this negative friday to the downtrend we saw on june you will see that on both of cases gold price closed on this 1760 level and previously it was a strong support .
1750 even stronger so there will be test of this levels before we going deeper.
in addition on...
