Gold- SL was taken, my bullish outlook remains intact
On Monday I said that I expect a new wave of buys on Gold and I'm looking to buy dips.
As always, I put my money where my mouth was, but the spike down that followed took my stop loss (part of trading, even if we don't like this part:) )
Regardless of this setback, my bullish outlook for Gold is intact and, again, I'm looking to buy dips.
Technically, the daily structure is strongly bullish and the recent PA seems to form a symmetrical triangle which usually is a continuation pattern.
My target remains 2k zone with negation under last week's low, but a clear break of 2k could lead to acceleration and a new ATH could be reached
As always, I put my money where my mouth was, but the spike down that followed took my stop loss (part of trading, even if we don't like this part:) )
Regardless of this setback, my bullish outlook for Gold is intact and, again, I'm looking to buy dips.
Technically, the daily structure is strongly bullish and the recent PA seems to form a symmetrical triangle which usually is a continuation pattern.
My target remains 2k zone with negation under last week's low, but a clear break of 2k could lead to acceleration and a new ATH could be reached
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
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