Gold stay in Uptrend
Really important to me Please support my work by like or leave a comment
By "following" you can always get new information quickly.
This work allows, the analysis reaches to other traders
"THANKS" you in advance for your support
..........................................................................................
first of all we have hidden bearish divergence and then
price sit on 61.8 fibo retracement level,if you see accurately you will see a head and shoulder pattern
MACD tilt is declining
two scenario will happen:
GOOD LUCK
By "following" you can always get new information quickly.
This work allows, the analysis reaches to other traders
"THANKS" you in advance for your support
..........................................................................................
first of all we have hidden bearish divergence and then
price sit on 61.8 fibo retracement level,if you see accurately you will see a head and shoulder pattern
MACD tilt is declining
two scenario will happen:
- this pattern will fail and price reverse back
- price will able to breakout below support, descending a little
and after that reverse back to uptrend
GOOD LUCK
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.