Gold Accumulation Buy, Astrological Cycle Effects

Astrology:
Tonight is the Full Moon Cycle, plus minus 1 day when a Full Moon Cycle occurs gold tends to reverse direction. but because yesterday gold was in consolidation causing aggressive gold movement, so gold came out of consolidation.
And by the next day the effects of the Mercury Retrograde Cycle began to be felt, the effect of retrograde mercury from 3 days before MR to 10 days after MR.
See related ideas below for a deeper Astrology explanation


Technical:
Technically on the daily time frame there is an inside bar and it has been confirmed to be broken, and gold has also penetrated the bullish channel and there is a retest in the channel.
Seen from the DXY is at support and forms a descending triangle pattern which indicates there is a deeper decline in the DXY


Here there are 3 entries
First
1959.406
TP: 1960
SL: 1865
R: 1.75

Second
1889,898
TP: 1960
SL: 1862
R: 2.5

Third
1872,676
TP: 1960
SL: 1847
R: 3.5

the maximum total loss is 3R, and the profit is 7.75R

ความคิดเห็น:

Gold forms a bullish flag in which there is an abcde, predicted rejection at the Fibonacci 1,272 and 1,618 areas 1885-1881 you can add a little buy in that area.
and the target is up to the resistance 1910 and until the 1922 flag pole.

ความคิดเห็น:

After