Gold weaken

26 באוג׳ 2017

The first sign is the lower top ,then 2 strong bearish candlesticks (the strongest since the uptrend began) followed by a lower high to form a busted symmetrical triangle (blown every logical stop order ) to close above the trend line again,MACD is screaming negative divergence ,all are signs of weakness ,but we still need a clear close under the uptrend to open positions ,a close under 1275 would be the safest to open a short position ,target and stop loss will be clear after the break.

29 באוג׳ 2017

הפקודה בוטלה

The biggest mistake was ignoring the the fake break for the trend followed by the strong buyer .