Gold is creating a very good chance and
it is now on the 38.2 fib level which
is also a structure .
but if it goes up the 50 fib level it will
give us a very good shorting opportunity
and it is also forming a Ascending channel
so wait and react what the market is doing.
as i said on my previous analyse the
market can turn back on the double bottom
on 1h time frame and also on the higher time frames which is on the green line
it can also break the green line and turn from the
white line which will be the third touch of the trend
line channel on the higher time frames
so follow the move up to the green line which
is the best idea
it is now on the 38.2 fib level which
is also a structure .
but if it goes up the 50 fib level it will
give us a very good shorting opportunity
and it is also forming a Ascending channel
so wait and react what the market is doing.
as i said on my previous analyse the
market can turn back on the double bottom
on 1h time frame and also on the higher time frames which is on the green line
it can also break the green line and turn from the
white line which will be the third touch of the trend
line channel on the higher time frames
so follow the move up to the green line which
is the best idea