Strategic Long Term Planning for future trades in Gold. 2 charts, Weekly and Monthly
Weekly: BIG FIB from FIB LOW 1445.707 to FIB HIGH 2075.282, 78.6% Retracement Level @ 1594.287 - Weekly 200 EMA @ 1612.040
Monthly: Bearish FIB in play from FIB HIGH 1916.615 to FIB LOW 1677.686 - We Hit 1825-1830 618 Retracement (1825.344) - Rejected Multiple Times, This fib is in Control.
618 Retracements give Two Extensions, 121.4% Extension @ Price 1626.555 or 138.2% Extension @ 1586.415
Monthly: BIG FIB from FIB LOW 1160.324 to FIB HIGH 2075.282, 50 % Retracement Level @ 1617.803
LOWER MONTHLY BB @ 1613.985
MONTHLY 55 EMA @ 1577.358
SHORT GOLD to 1577.358 - 1626.555
BUY GOLD , BEST between 1577.358 - 1586.415
GOLD BUY RANGE 1577.358 - 1626.555 TARGET 1900 level
Weekly: BIG FIB from FIB LOW 1445.707 to FIB HIGH 2075.282, 78.6% Retracement Level @ 1594.287 - Weekly 200 EMA @ 1612.040
Monthly: Bearish FIB in play from FIB HIGH 1916.615 to FIB LOW 1677.686 - We Hit 1825-1830 618 Retracement (1825.344) - Rejected Multiple Times, This fib is in Control.
618 Retracements give Two Extensions, 121.4% Extension @ Price 1626.555 or 138.2% Extension @ 1586.415
Monthly: BIG FIB from FIB LOW 1160.324 to FIB HIGH 2075.282, 50 % Retracement Level @ 1617.803
LOWER MONTHLY BB @ 1613.985
MONTHLY 55 EMA @ 1577.358
SHORT GOLD to 1577.358 - 1626.555
BUY GOLD , BEST between 1577.358 - 1586.415
GOLD BUY RANGE 1577.358 - 1626.555 TARGET 1900 level
Note
Right Chart - Monthly Chart*** Lower BB MONTHLY (Not Weekly)
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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.