Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Gold in Breakout or Breakdown Zone?
8 sec read
As per 13-13 Wilders moving average channel offset trading system Gold on the EOD chart is in range bound between the support zone 1718 and the resistance zone 1754. Breakout or Breakdown determines the trend direction.
Rajandran R FollowFounder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Now with One ounce of Gold one can buy 83 barrels of Crude Oil. Gold-Oil Ratio is at the historical peak as the FED...
2 Replies to “Gold in Breakout or Breakdown Zone?”
still between the range
Gold Locked between 1718-1754 on EOD basis. Now the Gold range changes to 1704-1745. Breakout or Breakdown from the range determines the trend direction
still between the range
Gold Locked between 1718-1754 on EOD basis. Now the Gold range changes to 1704-1745. Breakout or Breakdown from the range determines the trend direction