mjhillpp

Generated buy/cover signals on RSI Stochastik

COMEX:GC1!   Contrats à terme sur Or
Gold bounced off of the support area for now
Light volume during recent bounce indicates this is a retracement in the downtrend
--> I threw in some Fibs to indicate where overhead resistance lies.

Resistance at:
- 7 day MA (currently there); a break would suggest the 20 day MA or the 38% FIb as target (1240ish)
- 23% Fib at 1224, 38% Fib at 1240

Overall: the lack of volume on the bounce indicates the lows might be tested again as the downtrend is still prevailing.
Took advantage of the break the last 5 days, but covering my short puts now

I dont have any sells signals yet, hence I am not doing anything until I see some

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.