Mapping Gold
Naturally there a more than a few ways this could play out here.
If this 4hr candle closes above the small horizontal resistance we could keep pushing up in the diagonal channel we’ve seemed to have formed and punch up to 2360-2385.
Could end up creating a megaphone and popping back up to retest 2450.
I’m short here, not playing the long. I can’t seem to force myself to buy even though I’ve charted a play here… I’m anticipating a meltdown because of the bearish break of the diagonal on the daily. Looking to 2296 for my TP and sticking to it.
No SL, liquidation only.
Have no fear, Danger is here.
Wish me luck, I’ll need it.
If this 4hr candle closes above the small horizontal resistance we could keep pushing up in the diagonal channel we’ve seemed to have formed and punch up to 2360-2385.
Could end up creating a megaphone and popping back up to retest 2450.
I’m short here, not playing the long. I can’t seem to force myself to buy even though I’ve charted a play here… I’m anticipating a meltdown because of the bearish break of the diagonal on the daily. Looking to 2296 for my TP and sticking to it.
No SL, liquidation only.
Have no fear, Danger is here.
Wish me luck, I’ll need it.
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