Naomi293

Weekly Predictions (Feb 25 - Mar 1)

Naomi293 已更新   
FOREXCOM:XAUUSD   黄金现货/美元
- Reversal candlestick pattern suggesting beginning of a downtrend after pair came from a sustained uptrend, made new yearly highs and had double confirmation of being overbought on the Stochastic Oscillator and RSI
- Wait for break and retest of previous resistance, now turned support and EMA (25, close) on the downside
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4-hr chart

- Pair oversold on Stochastic Oscillator
- Failed to break EMA (25, close) on the upside
- Look out for price to test support again
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Link to previous Weekly Predictions:
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