GOLD - graphical analysis and predict
Trend down. Until the trend line is broken.
Fixation below the mirror level. Now a test of this level.
Resistance zone + POC consolidation. Not reached. Bearish divergence begins to form. We are waiting, watching.
Double bottom (setup up). The entry point to the purchase has already been missed (after crossing the yellow line + bullish divergence). Now it is unprofitable to enter according to money management (the ratio of Los / Profit is bad)
We expect an approach to the resistance zone + downtrend line. Then we just make a decision (as an option, short).
All patience and endurance.
Trend down. Until the trend line is broken.
Fixation below the mirror level. Now a test of this level.
Resistance zone + POC consolidation. Not reached. Bearish divergence begins to form. We are waiting, watching.
Double bottom (setup up). The entry point to the purchase has already been missed (after crossing the yellow line + bullish divergence). Now it is unprofitable to enter according to money management (the ratio of Los / Profit is bad)
We expect an approach to the resistance zone + downtrend line. Then we just make a decision (as an option, short).
All patience and endurance.