GOLD Trendlines

٧ نوفمبر ٢٠١٨

It seems to me that GOLD is unable to break the Daily 200SMA (not shown above) and it's losing it's Bull momentum. It's gonna take a break probably to the recently broken Daily descending trendline which confluent with 61.8% Fibonacci retracement level before continuing the rally.

٧ نوفمبر ٢٠١٨

ملاحظة

Correction : *Weekly 200SMA

١٠ نوفمبر ٢٠١٨

ملاحظة

I'm currently looking at 1199.70 for Potential reversal zone.

١٦ نوفمبر ٢٠١٨

تم فتح الصفقة

Hit Daily Descending Trendline and bounce.