Hello traders,
This is a daily plan to sell GOLD with bearish daily signal .
Gold has been rejected triple times on daily chart by hitting the pressure line.
Price turn down to make a double top and pull back to 1857 for a daily correction.
Since then, we dont see any strong price action to help gold make a new high to break the last pressure zone .
Moving average lines are now become a helpful pressure line to follow . And gold made a strong bearish signal yesterday on daily chart.
So why not just keep following the moving lines to sell. Fibo 1.27 extention position is my target to hold till July.
Good luck on daily plan to sell. And pls just be patient.
LESS IS MORE!
This is a daily plan to sell GOLD with bearish daily signal .
Gold has been rejected triple times on daily chart by hitting the pressure line.
Price turn down to make a double top and pull back to 1857 for a daily correction.
Since then, we dont see any strong price action to help gold make a new high to break the last pressure zone .
Moving average lines are now become a helpful pressure line to follow . And gold made a strong bearish signal yesterday on daily chart.
So why not just keep following the moving lines to sell. Fibo 1.27 extention position is my target to hold till July.
Good luck on daily plan to sell. And pls just be patient.
LESS IS MORE!
Note
Will Gold TEST 1800 today ?Trade closed: target reached
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Join Free Telegram Group to get all the updates: t.me/FuntraderVera
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.