Gold Analysis 2021-05-07
The Algotrading Multiday system is: long from April 9, 2021 from $ 1743.3
position performance: 4.39%
YTD performance: 2.67%
1 year performance: 10.54%
At the end of the day: maintain position
Graphic Analysis
Yesterday the prices managed to overcome the sideways phase. We are currently in the area of 1816 - 1820, where we have the resistance.
The ADX (strength of the trend) is growing: we are around 30; at this point the next target is the upper band of the medium / long term bearish channel.
Supports:
$ 1816
$ 1800
$ 1790
Resistance:
$ 1840
bearish channel upper band (red line)
I recommend observing, discussing etc etc, but as always for the operation always use your head !!
position performance: 4.39%
YTD performance: 2.67%
1 year performance: 10.54%
At the end of the day: maintain position
Graphic Analysis
Yesterday the prices managed to overcome the sideways phase. We are currently in the area of 1816 - 1820, where we have the resistance.
The ADX (strength of the trend) is growing: we are around 30; at this point the next target is the upper band of the medium / long term bearish channel.
Supports:
$ 1816
$ 1800
$ 1790
Resistance:
$ 1840
bearish channel upper band (red line)
I recommend observing, discussing etc etc, but as always for the operation always use your head !!
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.