Market watch $Gold 1/23/2017

Every week a new trading opportunity! When you see a setup and you need support we are here! Never miss a good trade.

On our market watch, today is Gold. We are watching the possible double top on the H4 chart with the neckline at 1195. We have negative RSI (13) divergence and also a double top formation on it. Look for confirmation of this pattern with the clear candle break below 1195.

Possible trade strategy is to sell at the market with SL above 1235 level.

Happy trading! (click on the chart to enlarge it)

 

gold trend following strategy

For more long term views and top trading ideas for next get your Trading strategy report for 2017! 

Trading strategy report for 2017

Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now.

Regular plans

Automatic copy trading! Try it!

Just copy trading

 We cover all Majors, Crosses, Indices, and Commodities. Join us and you will get access to Trade alerts with exact SL and TP levels, real time on email, Viber, twitter private feed, NY session analysis of all major asset classes, Live trading sessions every day moderated by our expert analyst @Aleksfx, Video analysis, Intraday market levels, Live chat support, Educational webinars. You can also read other articles at our Blog and check Chart of The Day 

See our schedule HERE.

Scroll to Top
×