GOLD - LONG
Updated
1M
Weekly zone rejected twice and close back below Monthly. This month we are trading back above the monthly level. EMA pointing up.
1W
Last week price closed above the monthly level alongside the upwards facing EMA. Morning star formation formed last week.
1D
Friday closed with a huge Doji candle, potential bullish momentum to follow this week?
EMA pointing up also.
4H
Bullish engulfing rejects the upwards facing EMA. Stop placed below wick, target at next key level.
Weekly zone rejected twice and close back below Monthly. This month we are trading back above the monthly level. EMA pointing up.
1W
Last week price closed above the monthly level alongside the upwards facing EMA. Morning star formation formed last week.
1D
Friday closed with a huge Doji candle, potential bullish momentum to follow this week?
EMA pointing up also.
4H
Bullish engulfing rejects the upwards facing EMA. Stop placed below wick, target at next key level.
Trade closed: stop reached
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.