Buy the fakeout of gold 15min ma's bullish
Here is another potential fakeout of the rising wedge reversal pattern, a good place to enter longs on gold.
Even though the hourly moving averages are bearish, 15 min moving averages are way too bullish.
Gold is still trading above its long term trend line and we can expect it to go higher whilst this trend line remains intact.
Leave a like please and i'll keep posting updates.
Even though the hourly moving averages are bearish, 15 min moving averages are way too bullish.
Gold is still trading above its long term trend line and we can expect it to go higher whilst this trend line remains intact.
Leave a like please and i'll keep posting updates.
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Update- day trading profits all taken at $2005, looking for re-entries
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
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