Update to the gold trade..
"1. We just arrived to the lower trendline of the uptrend channel (1321$). This level is the FIBO 23,6% retracement also.I think this level will break soon in the next 2 days.
2. The next level is the FIBO 38.2% (1299$) this is also the breakout level and the 50 EMA . It's a possible level to print the DCL.
3. At 1281$ we have the FIBO 50% retracement and the consolidation before the breakout.
4. At 1263 we have the FIBO 61,8% , the 100 MA and the triangle trendline . I see this level as the possible maximum low of the DCL. "
https://www.tradingview.com/chart/XAUUSD/VtPH0oj5-GOLD-DCL-in-progress/
- Forums
- Commodities
- GOLD
- Short trade on gold
Short trade on gold, page-28
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online