Impulse continuation

Hi everyone. Here we're looking at Gold.
Previously, we have been seeing the formation of a correction / ascending channel, and as we all know we'll expect a breakout below the channel followed by continuation correction.
Gold made a strong impulsive breakout and made a first correction, the continue downward now making the second correction.
this doesn't guarantee that gold will fall in price but instead it's showing a high probability that gold will continue it move to the downside.

now we all know after an impulse, we see a correction, this is the phase Gold is in currently.
I'll be entering trade after the breakout of that correction. trade carefully, ensure you have your risk management

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Dagangan aktif:

breakout occurred already,