Gold Short Trade Setup
Gold prices are ranging in 1hour while I have an eye with Bollinger bands in positions. The best indicator to measure the volatility. If we can see an hourly close on the upper band we can expect a retest back on recent highs above 1640. And alos a breakdown from the range would go below 1595.
DXY has showing some green data with Monda as of showing an bounce back from 98 to 99 price level.
I see a breakout on the following trend line it has formed. And looking for targets as marked right on the bottom. Trump has signed Off 2 trillion package for COVID which has a possibility to support US Economy in the mean time from its out ranged crashes.
DXY has showing some green data with Monda as of showing an bounce back from 98 to 99 price level.
I see a breakout on the following trend line it has formed. And looking for targets as marked right on the bottom. Trump has signed Off 2 trillion package for COVID which has a possibility to support US Economy in the mean time from its out ranged crashes.
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Publications connexes
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.