gold 4 hour technical say : fibo 50% can be next low but
let see gold futures daily chart and AC indicator (it show if low not break we will see up trend soon)
tradingview.com/chart/jtsoM2GC/
2 scenario on gold possible = first break last high and SMA200 1hour(green line) and back to top
or break low and go to fibo 50%(1788) then start +up trend can go to 2060 big trendline
my sell still is open and 70% 2nd scenario will happened and gold will go to 1800 area in next 7-8 day ,,,above green arrow i will buy (after buy pinbar come on 1h-4h-daily chart)
STRONGLY ADVICE IF YOU HAVE SELL PUT SL ON LAST HIGH break high and 3angel can flyup gold to 1915 even 2030 (fibo 161%)
what is best SL for gold (for example sell) : best sl on gold (it is trendy) is last high on 4hour chart,when gold break high 80% mean up trend will start for this gold traders put SL on last high,low ,,,if you cant find 8.00 point is best SL for gold
wish you win , be patient we are in range,zigzag days
tradingview.com/chart/jtsoM2GC/
2 scenario on gold possible = first break last high and SMA200 1hour(green line) and back to top
or break low and go to fibo 50%(1788) then start +up trend can go to 2060 big trendline
my sell still is open and 70% 2nd scenario will happened and gold will go to 1800 area in next 7-8 day ,,,above green arrow i will buy (after buy pinbar come on 1h-4h-daily chart)
STRONGLY ADVICE IF YOU HAVE SELL PUT SL ON LAST HIGH break high and 3angel can flyup gold to 1915 even 2030 (fibo 161%)
what is best SL for gold (for example sell) : best sl on gold (it is trendy) is last high on 4hour chart,when gold break high 80% mean up trend will start for this gold traders put SL on last high,low ,,,if you cant find 8.00 point is best SL for gold
wish you win , be patient we are in range,zigzag days
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