If you get confused by daily or lower time frames, always switch to a higher, like weekly.
- Ichimoku trendfollowing stup is strategic bullish.
- Heikin-Ashi already signalled a possible local top a week ago. Now it is in pull back, but it is *not* a bearish signals until weekly haDelta+ and haOscillator are above their mid lines.
- EWO is strategic bullish.
- Support is at Kijun Sen. You have to look for daily price action and potential buy signals around 1280.
You DO NOT short gold. You want to own more gold, from a better risk/reward level. That is likely 1275-1295 zone.
- Ichimoku trendfollowing stup is strategic bullish.
- Heikin-Ashi already signalled a possible local top a week ago. Now it is in pull back, but it is *not* a bearish signals until weekly haDelta+ and haOscillator are above their mid lines.
- EWO is strategic bullish.
- Support is at Kijun Sen. You have to look for daily price action and potential buy signals around 1280.
You DO NOT short gold. You want to own more gold, from a better risk/reward level. That is likely 1275-1295 zone.