GOLD: follow up week Feb 25th
Hi Guys,
I've adjusted the periods of the SMAs by adding 50 to both.
Price crossed the blue horizontal line and is encountering various supportive elements from a technical point of view.
If it crosses back the blue horizontal line in the next 2 to 4 candlesticks I will set up short-term trades targetting the red line when it crosses the 103SMA.
If it does not cross back the blue horizontal line within the next 2 to 4 hours I would set up short entries below the 451SMA targetting the green line.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
I've adjusted the periods of the SMAs by adding 50 to both.
Price crossed the blue horizontal line and is encountering various supportive elements from a technical point of view.
If it crosses back the blue horizontal line in the next 2 to 4 candlesticks I will set up short-term trades targetting the red line when it crosses the 103SMA.
If it does not cross back the blue horizontal line within the next 2 to 4 hours I would set up short entries below the 451SMA targetting the green line.
Thank you for your support and for sharing your ideas.
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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