gold could be up for a significant drop
just look at the 4hr chart - mild divergence, flag/triangle consolidation pattern and previous support levels.
IF this support level breaks and holds, there are few other levels below to stop a significant drop down to 1125 or even lower
this would coincide with the potential USD breakout to the topside - which is currently being limited by weekly Ma's:
IF this support level breaks and holds, there are few other levels below to stop a significant drop down to 1125 or even lower
this would coincide with the potential USD breakout to the topside - which is currently being limited by weekly Ma's:
Operación activa:
short triggered
Operación cerrada: objetivo alcanzado:
waterfall! TP1 hit
otw to TP2
pulling stops to BE
pulling stops to BE
Operación activa:
retracement couldnt break the 0.618 nor the 0.382
consolidating now
possibly adding to this with part of previous profits
consolidating now
possibly adding to this with part of previous profits
Comentarios:
