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GOLD FUT- W1 - EN ROUTE FOR 2'161 !

210
FIRST BREAKOUT ON A WEEKLY CLOSING BASIS OF THE DOUBLE BOTTOM TRIGGER LEVEL @ 1'919 (WEEKLY CLOSING WAS 1966.60)

PULLBACK ON RSI HOLD AND RECOVERED; currently above 50 @ 68.21

LAGGING LINE ABOVE FORMER HIGH = positive signal too

On the downside the first support to look at is at 1'878 (TS) ahead of 1'848 (KS) and MBB @ 1'827 which is also the top of the weekly clouds support zone (weekly clouds range from 1'827-1'778)

Warning !

Despite this weekly positive picture, watch carefuly the daily price action which is showing a RSI bearish divergence and which could trigger some short term downside correction, potentially towards the daily TS currently @ 1'928

IRONMAN8848 & Jean-Pierre Burki

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.