Gold Analysis 2021-05-10
The Algotrading Multiday system is: long from April 9, 2021 from $ 1743.3
position performance: 5.35%
YTD performance: 3.59%
1 year performance: 11.55%
At the end of the day: maintain position
Graphic Analysis
The prices are currently testing the 1840 resistance, in case of exceeding in the close daily, possible accelerations towards 1900
The ADX (trend strength) is strong and growing.
Supports:
$ 1829
$ 1816
$ 1800
Resistance:
$ 1840
bearish channel upper band (red line)
I recommend observing, discussing etc etc, but as always for the operation always use your head !!
position performance: 5.35%
YTD performance: 3.59%
1 year performance: 11.55%
At the end of the day: maintain position
Graphic Analysis
The prices are currently testing the 1840 resistance, in case of exceeding in the close daily, possible accelerations towards 1900
The ADX (trend strength) is strong and growing.
Supports:
$ 1829
$ 1816
$ 1800
Resistance:
$ 1840
bearish channel upper band (red line)
I recommend observing, discussing etc etc, but as always for the operation always use your head !!
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