GOLD' s next level at 1180
After the succesfull test of the 2015 Nov IC Top and the hourly 50 EMA at 1190 we had a testback to the hourly 50 EMA.
Next level is 1180 .
The hourly 300 EMA and the 61,8% Fibonacci retracement on the daily chart is at 1180.
It's still not the daily cycle low. So don't try to buy. More pain is coming....
I will try to sign the exact daily cycle low, which is coming next week .
I still think we are in a bull market and this is the first bull market countertrend rally.
We are waiting for the second leg up to 1300-1350.
Next level is 1180 .
The hourly 300 EMA and the 61,8% Fibonacci retracement on the daily chart is at 1180.
It's still not the daily cycle low. So don't try to buy. More pain is coming....
I will try to sign the exact daily cycle low, which is coming next week .
I still think we are in a bull market and this is the first bull market countertrend rally.
We are waiting for the second leg up to 1300-1350.
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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.