Last sellers sold their gold, if we get a daily hammer this might be a great long! Bullish div on all timeframes, so potentially this whole downtrend could be a bullflag.
Also we have channel support here and the turquoise line is horizontal support.
Earlier I posted an idea where I looked for 1160, but was revised by me. I often posted my chart in the gold chatroom and there you might find the route to this idea. There is a bullish divergence on monthly, weekly AND daily timeframe. I will monitor this metal and silver very closely.
Also we have channel support here and the turquoise line is horizontal support.
Earlier I posted an idea where I looked for 1160, but was revised by me. I often posted my chart in the gold chatroom and there you might find the route to this idea. There is a bullish divergence on monthly, weekly AND daily timeframe. I will monitor this metal and silver very closely.