Two potential swing trades for gold

Обновлено
Gold futures saw a false break of $2060 on Wednesday, before momentum turned lower and sent prices back beneath the weekly and monthly pivot points. Those pivots have since turned into resistance, before gold saw a trendline break.

As RSI (2) is oversold and prices have found support at the 10-dy EMA and daily S1 pivot, bulls could seek a near-term swing long trade with a stop below 2045 and a target back near the pivots.

At which point, we see the potential for another leg lower, so bears could seek evidence of a swing high and for a move back down to $2040, or the swing lows near the daily S pivot.
Сделка закрыта: достигнута тейк-профит цена
GCGC1! (Gold Futures)GoldgoldanalysisPivot PointsSupport and ResistanceswingtradeswingtradingTrend AnalysisXAUXAUUSDxauusdanalysis

Мои профили:

Отказ от ответственности