Quick plot to illustrate the resistance zones just shy of 1300.
Besides the phsych value of 1300 round, many fibs align there.
I would be surprised to see it break through without pullback.
My last plot was a short which timed out nicely
Then closed shorts and went long looking for this bounce
Overall I am bullish, expecting near 1400 price range
Besides the phsych value of 1300 round, many fibs align there.
I would be surprised to see it break through without pullback.
My last plot was a short which timed out nicely
Then closed shorts and went long looking for this bounce
Overall I am bullish, expecting near 1400 price range
Комментарий:
Might have snuck past resistance here
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but Gold tends to do that, run a little above the obvious resistance then turn. NY markets not open yet, lets see what they do with it today. .
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Now at next resistance zone. This will be a true measure of bull strength. I expect a clear pullback here, but lets see.
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We have an initial reaction to the Resistance zone
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now lets see if it can fall back below 1300 round and test the previous zone below. .
Комментарий:
Since last update just above, that resistance zone around 13.04 rejected price, but only to the previous resistance which acted as support
Now we are back to the zone, which will likely break this time, at least for a stop hunt above as NY opens.
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Watching 1305.75 and then 1308
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