{"id":118506,"date":"2017-12-21T10:34:54","date_gmt":"2017-12-21T15:34:54","guid":{"rendered":"http:\/\/countingpips.com\/?p=118506"},"modified":"2018-06-01T15:48:20","modified_gmt":"2018-06-01T15:48:20","slug":"gold-4h-retracement-stops-at-weekly-h4-camarilla-pivot","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/12\/gold-4h-retracement-stops-at-weekly-h4-camarilla-pivot\/","title":{"rendered":"Gold 4H Retracement Stops at Weekly H4 Camarilla Pivot"},"content":{"rendered":"
December 21, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The Gold has been on the counter-trend move since it reached the M L5 level (Monthly Strong Support. The retracement is easily spotted in the 4h time frame. At this point, we can see that the W H4 stopped the retracement in its tracks and 1268.80-1270.50 could reject the price towards 1261.85. – W L3 pivot. Only if the price breaks below the W L3\/trend line confluence we might see 1257 and 1252.60. If the price closes above the projected ATR high at 1273.14, we might see another bullish move towards 1280.60.<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>\n

M H4 – Monthly Camarilla Pivot (Very Strong Monthly Resistance)<\/p>\n

M L3 \u2013 Monthly Camarilla Pivot (Monthly Support)<\/p>

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M L4 \u2013 Monthly H4 Camarilla (Monthly Strong Daily Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

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\"Forex101<\/a><\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: Gold 4H Retracement Stops at Weekly H4 Camarilla Pivot<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The Gold has been on the counter-trend move since it reached the M L5 level (Monthly Strong Support. The retracement is easily spotted in the 4h time frame. At this point, we can see that the W H4 stopped the retracement in its tracks and 1268.80-1270.50 could reject the price towards 1261.85. […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-118506","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/118506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=118506"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/118506\/revisions"}],"predecessor-version":[{"id":118508,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/118506\/revisions\/118508"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=118506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=118506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=118506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}