Gold is on the 2nd green day after Thursday's Low at the bottom of the 6 week Channel Down.
The medium term trend remains bearish since the price remains under the MA50 (1d) but this is a short term buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1943.
Tips:
1. The RSI (1d) is posting the same buy pattern as on May 25th.
2. The MACD (1d) is about to make a Bull Cross from the deepest oversold levels since September 2022.
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Notes:
Past trading plan:
The medium term trend remains bearish since the price remains under the MA50 (1d) but this is a short term buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1943.
Tips:
1. The RSI (1d) is posting the same buy pattern as on May 25th.
2. The MACD (1d) is about to make a Bull Cross from the deepest oversold levels since September 2022.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.