Gold Likely to give us a retracement

Cập nhật
Gold is testing a strong resistance level and we can see a head and soulder pattern forming. After an over extended bull run, we expect a retracement. COT Data shows Net positions has increased to the short side. I expect to see some shorting this week. Daily stochastics is overbought. All price action, technicals and COT Data point to a bearish trend this week.
Bình luận
Still waiting for confirmation before i update with the positions am taking
Bình luận
Market hasnt still shown a change in structure. Daily confirmation is now invalid. will leave this to playout this week and see what setup we will have next week.
Chart PatternsGoldTechnical IndicatorsTrend Analysis

Thông báo miễn trừ trách nhiệm