Daily report $XAUUSD $GOLD next 16h #Forex #Oanda 10% gain x100?
Oanda Gold/USD TF 15min
Medium timeframe indicators are showing dowentrend.
The minor trend is up. A trade through 1927$ will change the minor trend to dowenside.
Short term indicators are showing weakness:
-RSI: 50.9
-MACD: Bear posture
OUTLOOK
Expecting start of Bear Cycle.
3- 5 hours
EP: 1927$
Cycle end time
7-10 hours
Cycle duration: 8 hours
Cycle Targets: tp1:1891$ tp2:1870$
Targe = 10% of margin in 16h as gain at leverage x100
Disclaimer : No financial advise, only for educational purpose
Medium timeframe indicators are showing dowentrend.
The minor trend is up. A trade through 1927$ will change the minor trend to dowenside.
Short term indicators are showing weakness:
-RSI: 50.9
-MACD: Bear posture
OUTLOOK
Expecting start of Bear Cycle.
3- 5 hours
EP: 1927$
Cycle end time
7-10 hours
Cycle duration: 8 hours
Cycle Targets: tp1:1891$ tp2:1870$
Targe = 10% of margin in 16h as gain at leverage x100
Disclaimer : No financial advise, only for educational purpose
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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.
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.