Short Term Trend Shift in Gold ?
Update : first target hit, moved stop to break-even for second half, stopped at break-even
Profit/loss= +$23
Price has successfully changed stance from bearish to sideways after breaking the bearish channel. A bullish divergence is clear on RSI, while a major engulfing candle on the daily time interval. Looking for a move towards the recent main high at 1258 areas. A shift from a sideways market to bullish trend may materialize on a break below 1258. Taking the recent low at 1211.00 may abolish this setup
Profit/loss= +$23
Price has successfully changed stance from bearish to sideways after breaking the bearish channel. A bullish divergence is clear on RSI, while a major engulfing candle on the daily time interval. Looking for a move towards the recent main high at 1258 areas. A shift from a sideways market to bullish trend may materialize on a break below 1258. Taking the recent low at 1211.00 may abolish this setup
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.