Gold 12h opportunity

15 thg 4, 2020

We got a very interesting situation with gold, the price made a new 7 years high, however, the volume did not follow, also the difference between future and gold spot is around $30. The gold may reach 1900 even higher, but before that, I think it needs to have a deep retracement, at least to reach 1500 first. I dont know if it will come to true, but I am waiting to short gold.

For the tech analysis, M chart reached the S/D points, and a top trendline gives the pressure to the price, before the short, we have to wait for more confirmation.

15 thg 4, 2020

Ghi chú

Waiting for the third time test of the blue trendline, that will be the time to take short order, otherwise, no short trade.

15 thg 4, 2020

Ghi chú

Time is coming! Wait for the hourly close

15 thg 4, 2020

Ghi chú

Be patient for another 4-5 hours to jump into the trade

16 thg 4, 2020

Ghi chú

Gold tried so many times to move down but all failed, be careful another rally may come. Short when price retests the blue trendline. Cause there is no S/D point, we have to wait for a clear point appears

16 thg 4, 2020

Đã hủy lệnh

The blue trendline expired, this post doesnt work anymore, so wait for the next chance.