Will Gold go down next week?
Ichimoku H1 timeframe move up and down in the range.
Last dead-cross (tenkan sen cross-down kijun sen) was met with resistance from buyers created long wicks which end up with a push up.
But the time the market closed on Friday, gold still moving up and down tightly in a tighter range.
With H1 still in down trend, although M15 and M30 seems to slowly move up, I will still go with the down trend. SL is put quite high above the kumo, but if the trend switch and golden cross happens. I would get out of the trade early without waiting for the price to cross above kumo to hit my stoploss.
Last dead-cross (tenkan sen cross-down kijun sen) was met with resistance from buyers created long wicks which end up with a push up.
But the time the market closed on Friday, gold still moving up and down tightly in a tighter range.
With H1 still in down trend, although M15 and M30 seems to slowly move up, I will still go with the down trend. SL is put quite high above the kumo, but if the trend switch and golden cross happens. I would get out of the trade early without waiting for the price to cross above kumo to hit my stoploss.
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.