GOLD Weekly View:
89 EMA is good to identify Long Term Trend.
Last week, Gold already break down the 89 EMA
This Week, Gold made lower low and confirmed Bearish Trend.
From Supply - Demand view: Gold doesnt' have good demand zone untill 1133
From Harmonic Pattern View: Gold may complete the AB=CD untill 1113
Therefore, The only Strategy we are going to apply is:
Short the pull back
Use Inside Bar to Catch momentum
Use Structure Break down + Pull Back
Trade with your plan.
89 EMA is good to identify Long Term Trend.
Last week, Gold already break down the 89 EMA
This Week, Gold made lower low and confirmed Bearish Trend.
From Supply - Demand view: Gold doesnt' have good demand zone untill 1133
From Harmonic Pattern View: Gold may complete the AB=CD untill 1113
Therefore, The only Strategy we are going to apply is:
Short the pull back
Use Inside Bar to Catch momentum
Use Structure Break down + Pull Back
Trade with your plan.
Comentarios:
Comentarios:
now is 1254
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now is 1250
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now is 1240
8 EMA have already cut 89 EMA.
8 EMA have already cut 89 EMA.
Comentarios:
Now is 1228
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1213 NOW
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1207
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Comentarios:
now you understand why i said take some profit.
inside bar break up
gold may rally for a correction
inside bar break up
gold may rally for a correction