3 scenario possible on gold in coming week and dont pick buy sooner than green arow area
see AC indicator on daily chart ,it newly turn green this mean +up trend can start in coming days ok? ....but if low break AC buy signal will switch to sell (down trend will come)
alert=if gold break SMA200 1 hour(green line on chart) can flyup (even to fibo 161% = 2025 area)
my sell still is open , 2 place i will pick buy (see 2 green arrow on chart ) and hold it 15-20 day to next high
if you have old buys, 100% put SL or hedge sellstop in low ,break low is sell signal
good luck
see AC indicator on daily chart ,it newly turn green this mean +up trend can start in coming days ok? ....but if low break AC buy signal will switch to sell (down trend will come)
alert=if gold break SMA200 1 hour(green line on chart) can flyup (even to fibo 161% = 2025 area)
my sell still is open , 2 place i will pick buy (see 2 green arrow on chart ) and hold it 15-20 day to next high
if you have old buys, 100% put SL or hedge sellstop in low ,break low is sell signal
good luck
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