DK_Investment

Gold - buy on 4H - how to trade

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DK_Investment 已更新   
TVC:GOLD   黄金差价合约(美元/盎司)
Dear traders and followers,

the Gold price moves within a triangle pattern and confirmed last week a higher low.
Next week is the 1970 - 1980 $ area important for further price movement.

A failed breakout above 1970 $ confirms a lower high which is bearish sell signal.
Open short as soon the price doesn't break and close above 1980 $ within 24 hours when price reach first time this area next week.

A break and close above 1980 $ is a bullish buy signal with take profit at the end of the week near 2050 $

MACD indicator sell volume is near 0 line and looks like turning into buy volume. Expect up movement at the beginning of the new week.
The baselines are near bullish crossing which is another MACD buy signal.

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