GOLD SWING TRADE 61.8% Fibo rejection 13-Oct-2020
Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
GOLD-Technical analysis
Gold is respecting the Elliot wave structure as it got rejection at .618 Fibonacci level and bouncing from this level.
And the yesterday downward movement is a short term correction. I am expecting the bull will remain in control until 1945.00 where the upper side trend line will act as resistance for the bullish trend
SWING TRADE-GOLD
Entry point @ 1915.00
Take profit @ 1940.00
Stop lose @ 1898.00
250 Pips target
Don't risk more than 1% of your capital
GOLD-Technical analysis
Gold is respecting the Elliot wave structure as it got rejection at .618 Fibonacci level and bouncing from this level.
And the yesterday downward movement is a short term correction. I am expecting the bull will remain in control until 1945.00 where the upper side trend line will act as resistance for the bullish trend
SWING TRADE-GOLD
Entry point @ 1915.00
Take profit @ 1940.00
Stop lose @ 1898.00
250 Pips target
Don't risk more than 1% of your capital
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.