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

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Trading strategy report for 2017

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