https://www.tradingview.com/x/zo7lSBmw/
Why short?
- Gold reached ATH (5y maximum)
- Met huge sell volume at the top
- RSI=87=oversold - the highest since Jan 2018
- Support at $1400 - mirror level - failed
What to keep an eye on:
- Backtesting the blue channel
- Backtesting 50 RSI
- Fibo 0.5 = support?
- Test 1400 from the bottom
- DXY(cash rate)
- Iran-USA, USA-Korea talks
What I will do:
- short for now
- once I see the strength again I will be a bull
- post another chart once the situation develops
Why short?
- Gold reached ATH (5y maximum)
- Met huge sell volume at the top
- RSI=87=oversold - the highest since Jan 2018
- Support at $1400 - mirror level - failed
What to keep an eye on:
- Backtesting the blue channel
- Backtesting 50 RSI
- Fibo 0.5 = support?
- Test 1400 from the bottom
- DXY(cash rate)
- Iran-USA, USA-Korea talks
What I will do:
- short for now
- once I see the strength again I will be a bull
- post another chart once the situation develops
交易進行
The channel became the good support.
I am expecting that it fails the test from the top from the third try and the price will test the previous highs at 1368 and 1343.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。