GOLD : Retest 50 / 61.8% Resistance area and ready to DROP

GOLD: After the last session where the price reaches the Resistance area between 1780.00 to 1800.00, we had a confirmation strong red candle exactly in this area of price who give much value to our previous bias and clues about the forecast for a bearish continuation of the price. The Area of price drew it also a confluence with a 50 and 61.8% Fibonacci. The Stochastic seems ready to drop from the overbought situation with a divergence from the last Swing high also the RSI turned bearish after the overbought. The forecast of Ichimoku remains RED.

ความคิดเห็น: