Gold has been on a positive trend since early November and is recovering to a record high for the period (up 10%) to 1786.5
Last week there were rumors of further positive dynamics for gold in the fundamental sector.
The daily chart
The Super Guppy shows gold moving into a neutral phase. The market change to a dominant bullish rally may occur after the price breaks the resistance of 1800.
MACD indicates a strong bullish factor
Daily RSI is above the 60 line - buyers are showing their strength
On the hourly chart the price is squeezed in a range. From the resistance the price is trying to get to the support zone, on Friday after the fall, by the evening the price was bought out. I think the price might continue to trade between 1765 and 1727 for a while
I think that the priority at the moment is for the buyers, so it is worth paying attention to the key zones for buying:
1) price channel support (support zone)
2) Breakdown of resistance at 1765.
For sales the condition is one - a breakdown of channel support. A downside break-down and a break-down of 1727 will open the way for the bears to 1665.
Regards R.Linda!
Last week there were rumors of further positive dynamics for gold in the fundamental sector.
The daily chart
The Super Guppy shows gold moving into a neutral phase. The market change to a dominant bullish rally may occur after the price breaks the resistance of 1800.
MACD indicates a strong bullish factor
Daily RSI is above the 60 line - buyers are showing their strength
On the hourly chart the price is squeezed in a range. From the resistance the price is trying to get to the support zone, on Friday after the fall, by the evening the price was bought out. I think the price might continue to trade between 1765 and 1727 for a while
I think that the priority at the moment is for the buyers, so it is worth paying attention to the key zones for buying:
1) price channel support (support zone)
2) Breakdown of resistance at 1765.
For sales the condition is one - a breakdown of channel support. A downside break-down and a break-down of 1727 will open the way for the bears to 1665.
Regards R.Linda!
🌹TRADING is a CASINO💔!?
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Join me, I'll guide you to PROFITABLE TRADING💵!
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🟢Telegram Channel: telegram.me/RLindaTrade
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.