Gold

OK. Let's see what I get from Gold. After taking a huge profit from ground support to resistance and falling back, I use to buy at the base ground support. Now, Gold in the middle range zone again at $1900. For one day, I see a bullish hammer with a very long tail, Good. So this is should be a consolidation move until tomorrow morning to start working again. Cheers.


Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"

Trade ativo:

Gold would need one more big red candle to touch the base ground again at the $1869 area, before starting to moving up. This is will build a great foundation for Gold to continue the uptrend journey.

Trade ativo:

Change direction to buy order @ $1889

Comentário:

The reason to change direction with a buy order, One-day interval show Dragon Fly doji with a very long tail. It means the lower price was rejected with a strong higher price movement.

Comentário:

So, the price action showing an aggressive bullish movement. This could be a sign that Gold has a willingness to the adventure journey in the new channel

Comentário:

@ 21.57 WIB, 17 November 2020. Gold still on the Sideways, between the lower and higher way. I will wait until 22.00 WIB for these trades and IF nothing happens I will close the trades.

Comentário:

22.00 WIB. There is a sign of a bear's hammer in this area between $1885 - $1890. These price areas will be as support for bullish IF they continue to moving up forward. OR, will be resistance for bearish movement to another ground base at $1750

Trade ativo:

Open Sell Order $1880 @ 16.00 WIB, 18 November 2020
Target: The new lowest base ground