We note that the price is in a strong accumulation zone, we can notice that in this zone there are several historical movements in the instrument. Range in the price we expect it to take strength in one direction.
Waiting for the price to reach the marked zone for possible long entry. Considering that the general trend of the asset is bullish, an entry in the same direction could be considered.
We maintain our position in gold, we wait patiently for it to fulfill our analysis and if it has strength in longer periods we will modify our TP and continue to protect operations.
Price movements in marked areas allowing the flow of SL operations in BE
Waiting for retreat and retesting of the marked area to go in long patience and respecting analysis and strategy.
Due to the crises experienced, all markets are falling, we must take advantage of these movements that very soon will be knocked down by the magic hands of economic power. Meanwhile there are several objectives in shorts
Totally bearish scenario, possible long-term objectives in Oil, In addition to this we have all the fundamental factors that put the instrument down. Take advantage of shorts.
Accumulated bearish movements, Possible SMA target 200 periods, you have to be aware that you can give another good opportunity to the sale and from there possible upward rebound.
Accumulation zone possible upward movement. Daily monitoring for possible lengths. good vibes traders
We analyze gold possible downward movement. The apir already complete its retesting and it already star Down movemente in this days. And olso it seems to find a support in downside in H4 at 1498,86. And then possible continuity of macro trend