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3/12/2020 Gold and TSLA Update

Dec 03, 2020

Below are just some market updates following some of the posts we did earlier within our Weekly Focus Members group.


Gold Update

Gold broke back above its 200 Day moving average.

We also had RRT type price action on the daily chart.

Daily MACDP have also turned up. 

Crucially we are trading above 1829.20 node.

This could be significant.


TSLA update

We identified Significant Monthly and weekly Dinapoli Expansion cluster at around 597.10.

WE already saw a significant pullback off those higher timeframe resistance nodes.

Found support at OP K Agreement and currently retesting resistance again.

 

597.10 is the market fulcrum.

We need to break above it and see follow through - to see further continuation on tsla stock.

The longer we trade/stay below this level... the odds of a deeper retracement increases.

 

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