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- GOLD: key level 1185 , a break below it level probably short
GOLD: key level 1185 , a break below it level probably short
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Loading...Descending medium term move , price of diagonal support - a key level 1185usd.
Indicators: CCI below 0, RSI below 50 - negative moods.
Price below moving averages - also indicate negative sentiment.
The graph shows a higher peak and shallow - short formation is still long. 1185 is key to gold break below that level likely new bearish momentum.
Price support, i am watching RSI and а level 1185. Signal of entrance level will have then.If the RSI crossing above 50 would give me the signal for fresh impetus in the direction of short-term upward movement, while a drop below 1185 signal a new reduction.
Midterm downtrend, price diagonal support - key level 1185 USD.
Indicators: CCI below 0, RSI below 50 - bearish sentiment.
Price below MA - bearish sentiment.
Graph shows higher peak and shallow bottom - midterm formation still long.
Key Gold level 1185 USD - if broken down - possible bearish sentiment.
RSI and level 1185 USD - price support - if broken down, entrance level occurs. RSI above 50 - signal for midterm uptrend, movement below 1185 USD - possible downtrend sentiment.
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please comment. Your oppinion is imortant for us.
