This is not a financial advice or a reason for you to take random trades. use right risk management
Gold recently broke from the triangle pattern to the upside and trended upwards making HHs and HLs until it broke from the new channel and retested it as resistance. price would most likely drop this week. We should be looking to go short this week.
for further confirmation market will open below pivot point level, since i use PP levels in confluence to determine market sentiment.
good luck
Gold recently broke from the triangle pattern to the upside and trended upwards making HHs and HLs until it broke from the new channel and retested it as resistance. price would most likely drop this week. We should be looking to go short this week.
for further confirmation market will open below pivot point level, since i use PP levels in confluence to determine market sentiment.
good luck
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