GOLD - On your Marks - Shine will Rise
Shinny metal poised to rise. All it needs is a bullish breakout through the Neckline weekly chart.
1) Inverter head and Shoulder pattern - Weekly chart - Target indicated on the chart
2) Longer duration Cup and Shoulder - Weekly chart - higher target indicated on the chart
3) ADX > 25 and is rising trend - gaining momentum
4) The price in the local currency can be worked out based on linearity ratio
5) Price higher than 50 DMA and rising. 50 DMA > 200 DMA
This idea is for academic purpose and not a recommendation for Buy / Trade.
1) Inverter head and Shoulder pattern - Weekly chart - Target indicated on the chart
2) Longer duration Cup and Shoulder - Weekly chart - higher target indicated on the chart
3) ADX > 25 and is rising trend - gaining momentum
4) The price in the local currency can be worked out based on linearity ratio
5) Price higher than 50 DMA and rising. 50 DMA > 200 DMA
This idea is for academic purpose and not a recommendation for Buy / Trade.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.