GOLD 0.51% $1,391.7 gold futures

Short trade on gold, page-28

  1. 212 Posts.
    lightbulb Created with Sketch. 2
    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/
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.