CFD sur Or (US$/OZ)Short
Time for GOLD to take a breath
Few things make me believe that GOLD is about to go a bit lower here.
This is a monthly chart, so I expect those moves to happen in few months timeframe, not tomorrow.
- Gold has been in overbought levels for over 7 months now.
- Even massive bull moves like the one from 2008 to 2011 always touched the 10 SMA (red one)
- Heikin Ashi candles are showing reversal patterns
- Regular candles are showing reversal patterns
- Stochs are nose diving below the 80 level
On another note - no bearish divergence on the monthly, so something to consider.
I think a minimum of 6% correction from this price is coming in the next 1-2 months and possibly even 16% in the next 3-6 months.
This is a monthly chart, so I expect those moves to happen in few months timeframe, not tomorrow.
- Gold has been in overbought levels for over 7 months now.
- Even massive bull moves like the one from 2008 to 2011 always touched the 10 SMA (red one)
- Heikin Ashi candles are showing reversal patterns
- Regular candles are showing reversal patterns
- Stochs are nose diving below the 80 level
On another note - no bearish divergence on the monthly, so something to consider.
I think a minimum of 6% correction from this price is coming in the next 1-2 months and possibly even 16% in the next 3-6 months.
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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.
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.