CFDs VÀNG (US$/OZ)Giá xuống
GOLD\XAUUSD (Y20.P3.E3).Macro.More downward pressure
Hi All,
Looks like a bearish correction, moderate or deep.
For now, I would look at the 0.618 retracement of this impulse\motive wave.
Correlating this level across the volume fix tool, it equates to the previous high main area of volume with this 0.618 level so I would expect a strong support at this level.
Here at the 0.5 fib, one would expect a support\bounce.
Let see how things pan out this week and the coming weeks as the markets show strength to the upside.
Its probably why Gold is dropping.
All the best,
S.SAri
ref. Stocks.charts
Looks like a bearish correction, moderate or deep.
For now, I would look at the 0.618 retracement of this impulse\motive wave.
Correlating this level across the volume fix tool, it equates to the previous high main area of volume with this 0.618 level so I would expect a strong support at this level.
Here at the 0.5 fib, one would expect a support\bounce.
Let see how things pan out this week and the coming weeks as the markets show strength to the upside.
Its probably why Gold is dropping.
All the best,
S.SAri
ref. Stocks.charts
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.