GOLD THIS WEEK 09/03/2018
تم تحديثه
Gold closed bearishly in trading last week by closing below the weekly pivot for this week. The price did not break the first resistance and still results in a hidden divergence between price and RSI.
If the price does not succeed to move above this week's pivot then most likely the price will continue to move down
Option:
-Open short positions if the price does not succeed above the pivot and pass the previous high
-TP1 at second weekly support ($ 1185 / oz)
-TP2 at third weekly support ($ 1166 / oz)
-SL at the first weekly resistance ($ 1211 / oz) or a few points above the previous high.
-Wait for confirmation to open a position
If the price does not succeed to move above this week's pivot then most likely the price will continue to move down
Option:
-Open short positions if the price does not succeed above the pivot and pass the previous high
-TP1 at second weekly support ($ 1185 / oz)
-TP2 at third weekly support ($ 1166 / oz)
-SL at the first weekly resistance ($ 1211 / oz) or a few points above the previous high.
-Wait for confirmation to open a position
تم فتح الصفقة
Potentially set to XABCD or three drives pattern, both invalid if breaks channel
منشورات ذات صلة
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