Gold has been in a descending channel since August 2020 and we managed to catch a beautiful short in February this year (See linked chart).
For this trade, wait for bulls to confirm a trend reversal by breaking that descending trendline and then get in on a correction. Gold could be creating a double bottom at the moment. Wait patiently for a break!
Goodluck and trade safe.
For this trade, wait for bulls to confirm a trend reversal by breaking that descending trendline and then get in on a correction. Gold could be creating a double bottom at the moment. Wait patiently for a break!
Goodluck and trade safe.
Komentarz:
Double Bottom:
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