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jashjacob
28 août 2020 06:54

Rejection line formed in GOLD - Bullish beyond breakout 

Description

Gold prices can rally beyond breaking the rejection zone. It is still in the accumulation zone as per my previous post on the gold chart,

We have see two false breakouts happend in the last two weeks beyond and below our accumulation zone.

Bear zone is also indicated. If price falls to that zone, bears take control.

Commentaire

Accumulation Zone upside line has acted as rejection.

Commentaire

Settled back into our accumulation zone after a small breakout upside.

Trade fermée manuellement

Idea for the coming week posted on profile.
Commentaires
ng_forex
This is my view on gold

jashjacob
@nikhilgautam7000, Good. Hopefully a upside breakout to be seen next week.
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