Hey friends
Trading week just started. Let's take a look at gold.
Monthly:
Price tested kijun sen and bounce. Not shown in charts. I like to keep an eye on bigger pitcture.
Weekly:
Macd is crossed up and we have nice reversal last week. Price is still in cloud and testing Tenkan sen.We have chikou above price however.
Daily:
Macd is crossed up and i want HA body to close above Kijun for long. Chikou is below price and 1290 area can provide some resistance there.
It can set up as long but as of now I am just watching it. Also, watching wheat for long . I am holding t note and eurusd long from last week. Eurusd has massive breakout on weekly and daily .I'll be trading it on daily chart only .
Stay tuned.
Thanks
Trading week just started. Let's take a look at gold.
Monthly:
Price tested kijun sen and bounce. Not shown in charts. I like to keep an eye on bigger pitcture.
Weekly:
Macd is crossed up and we have nice reversal last week. Price is still in cloud and testing Tenkan sen.We have chikou above price however.
Daily:
Macd is crossed up and i want HA body to close above Kijun for long. Chikou is below price and 1290 area can provide some resistance there.
It can set up as long but as of now I am just watching it. Also, watching wheat for long . I am holding t note and eurusd long from last week. Eurusd has massive breakout on weekly and daily .I'll be trading it on daily chart only .
Stay tuned.
Thanks