Gold Bearish Cypher
Feb Gold is creating the last end of a Bearish Cypher. USD is falling off of a H&S. Next upside target R1 at 1295.74, then R2 at 1303.06. Support comes in at 1277.72
Bình luận:
Gold may be setting up for a turn around. RSI is now extreme overbought. USD might be setting up to go back up. Don't know if it will hit total Cypher 78.6. These things often don''t.
Bình luận:
Gold turning as USD makes a come back. Downside target 1303.06 at R2
Bình luận:
Gold Cypher coming due soon unless USD breaks further down. USD now at double bottom.
Đóng lệnh: đạt mục tiêu:
Cypher met, but unless USD makes a move up, Gold isn't going anywhere.
Bình luận:
Gold fell off of double top. looking for 1320 resistance.