- GOLD is on a support
- Price is building in a bearish channel
- As long as the support area holds there is a good buying opportunity on Gold
- ABCD pattern complete at a support zone which is a good buying confluence
- Plan is to Buy Gold and short it later from the upper channel supporting line if it will manage to push there as I expect
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
- Price is building in a bearish channel
- As long as the support area holds there is a good buying opportunity on Gold
- ABCD pattern complete at a support zone which is a good buying confluence
- Plan is to Buy Gold and short it later from the upper channel supporting line if it will manage to push there as I expect
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.