Am just from watching Mike Maloney's video on Youtube where he is talking about the pan and handle pattern when you have time you should check it out. -- I love trading and learning about gold and silver because silver was the first asset i learnt how to buy before i became a forex trading expert -- Have you heard of the Rocket booster strategy? its a very simple beginners way of understanding techinical analysis: Here is the rocket booster strategy: --
Price has to be above the 50 EMA
Price has to be above the 200 EMA
The 50 EMA should cross above the 200 EMA
-- This coffee am drinking has given me a boost to write this article for you to learn more check the resources below. -- Also notice that the DMI below this chart is green? that means this asset price is in an uptrend and the crowd knows about it -- When you see this imagine a big crowd rushing to buy Gold. -- Rocket boost this content to learn more. --
Disclaimer: this is not financial advice take this warning you will lose money trading learn risk management and trade safely.