Cập nhật

GOLD: Let's start from zero

Thank you for your support and for sharing your ideas.

Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.

Ghi chú

Ghi chú

Assuming that the above is correct, if 1298,54 is the top, what happened since 4th Jan'19 should be a correction or retracement supported at approx 1280

Ghi chú

Sentiment loses steem as indicated by RSI but price is supported at approx 1280

Ghi chú

Yesterday, before the release of the JOLTs Job Openings, Gold was going down. The reading below expectations (6.888M vs 7.063M) made it bounce on 1280

Ghi chú

Now it's pushing on support and the odds that a candlestick could soon pierce deeply into 1280 looks likely. However, the nature of the game is often misleading therefore there is no action to be taken at the moment.

Ghi chú

To note that the above chart is 2H and candlestick still need 14 minutes before closing

Ghi chú

Also note that Monday we had a reversal between 13:00 and 15:00 and yesterday we had a reversal at the same time.
-

Ghi chú

From the above we can see how Gold ended last Friday with a Top and a correction/retracement and commenced this week with a follow up on the correction/retracement

Ghi chú

cozzamara

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.

cozzamara