GOLD (Y20.P3.E1).Short term
Hi All,
Approaching strong resistance, as per previous all time high (prevously it took 3 attempts to pass). We should expect at another attempt, but like 10K for BTC, it will give resistance, so shorting is a good idea.
+ there is a looming daily bearish divergence.
For the time being, I see a bounce and then further downs. Probably in a channel or wedge formation.
WEEKLY Indicators have bearish tone
Regards,
S.Sari
Approaching strong resistance, as per previous all time high (prevously it took 3 attempts to pass). We should expect at another attempt, but like 10K for BTC, it will give resistance, so shorting is a good idea.
+ there is a looming daily bearish divergence.
For the time being, I see a bounce and then further downs. Probably in a channel or wedge formation.
WEEKLY Indicators have bearish tone
Regards,
S.Sari
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.