Gold - market update after strong breakout - sell on 1H

31 พ.ค. 2019

Gold price broke out of down trend this week and has shown a strong up movement to first strong resistance trend line at 1296 $
Expect strong sellers coming into the market.

-RSI is already in heavy overbought area in 1-4 H hour chart which brings sellers into the market
-MACD baselines going to cross bearish which brings sellers into the market
-open short if the next 2-3 hour candles close under trend line resistance, if the trend line doesn't break down next resistance is 1302 $

2 มิ.ย. 2019

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