Retracement in sight
已更新
Unfortunately gold didn't make above 1750 levels bc of the strong selling pressure in between 1735-1745$ and now indicators like wavetrend, fisher and rsi shows overbought signals in 4h charts. Also a break occured in uptrend. With all these signs we can say that gold is going down, at least for now...
Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.
Disclaimer: I am just expressing my opinion, i don't accept any responsibility about the trade u will do using this idea. Use your ideas and analysis allways while you trade.
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I have found the bullish pennant in the chart.交易开始
Bullish pennant failed.交易结束：到达目标
TP 1 and 2 has been reached.交易开始
Oscillators are still in selling signals so tp 3 might be reached but i am not sure about that...交易手动结束
There is a huge support level in 1718-1722 so looks like we wont be able to get 1719.交易结束：到达目标
Price made 1718 lol. Ok it is enough:)
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