I spot patterns quite a lot and with an added RSI it gives me some more directional bias.
So this is what I am seeing right now with the 1 2 3 numbers shown on the chart is some kind of head and shoulders on a weekly timeframe. The RSI is also showing a bearish divergence
Gold is obviously getting weaker but there are still a few levels of support to watch.
So this is what I am seeing right now with the 1 2 3 numbers shown on the chart is some kind of head and shoulders on a weekly timeframe. The RSI is also showing a bearish divergence
Gold is obviously getting weaker but there are still a few levels of support to watch.
การซื้อขายยังคงดำเนินอยู่:
IMPULSE - CORRECTION - IMPULSE
ความคิดเห็น:
Potential reversal?
ความคิดเห็น:
ความคิดเห็น:
Crazy moves and patterns with no clear direction. Best to sit and wait.
ความคิดเห็น:
Follow the trend...
ความคิดเห็น:
XAUUSD at a crossroad. Are you bullish or bearish?
ความคิดเห็น:
Hopefully you followed the trend...
ความคิดเห็น:
2015-16 proves to be quite a strong support. XAUUSD is currently attempting to break out to the upside. Very interesting price action lately. Follow the trend and price action always.
ความคิดเห็น:
Gold has bounced 3 times at the .618 golden ratio of the fib retracement from the 18th Dec move up. With the Middle East war that escalated recently, it sure plays in the recent rise of XAUUSD. Let's see how it goes.
ความคิดเห็น: