GOLD OPENED AND CONSOLIDATED AT PREVIOUS DAILY RESISTANCE AND CREATED A SIMPLE RECOGNIZABLE ASCENDING TRIANGLE PATTERN
ONCE WE BROKEOUT BULLISH, POSITIONS WERE ENTERED AND TAKE PROFIT WAS SET FOR @1716 WHICH IS OUR LAST MONTHLY RESISTANCE
PRICE WAS HIT AND PROFIT WAS TAKEN.
WE CONTINUE NOW TO LOOK FOR A RETRACE AT PREVIOUS RESISTANCE WHICH NOW SHOULD TURN TO SUPPORT AT PRICE 1691
ONCE WE GET A RETEST AND REJECTION OF SUPPORT WE LOOK TO PLACEBUY ENTRIES AND SET TAKE PROFIT ONCE AGAIN FOR@1735
AND SO FORTH TOWARDS 1800
ONCE WE BROKEOUT BULLISH, POSITIONS WERE ENTERED AND TAKE PROFIT WAS SET FOR @1716 WHICH IS OUR LAST MONTHLY RESISTANCE
PRICE WAS HIT AND PROFIT WAS TAKEN.
WE CONTINUE NOW TO LOOK FOR A RETRACE AT PREVIOUS RESISTANCE WHICH NOW SHOULD TURN TO SUPPORT AT PRICE 1691
ONCE WE GET A RETEST AND REJECTION OF SUPPORT WE LOOK TO PLACEBUY ENTRIES AND SET TAKE PROFIT ONCE AGAIN FOR@1735
AND SO FORTH TOWARDS 1800
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.