Prepare for the strong fall of AU. Except this to happen beginning from the coming week till next year. The analysis is taken from the weekly timeframe while the H4 is used as an entry chart. Your stop loss should be above the blue horizontal line. Take profit from those red lines, the levels I drew out.
The strong trendline has been broken, and the market could experience a short-time pullback before heading down to those levels drawn in the chart.
Finally, Don't be overconfident. Use proper stop loss. Don't be greedy.
The strong trendline has been broken, and the market could experience a short-time pullback before heading down to those levels drawn in the chart.
Finally, Don't be overconfident. Use proper stop loss. Don't be greedy.