BIAS - SHORT.
Price currently breaking out of a triangle formation. This will bring retail traders long on Gold. With triangle formation we see a fake out majority of the time before it reverses and makes the real move. The reversal region aligns nicely with the 78% fib retracement and the fib extension lines up perfection with the support level.
Price currently breaking out of a triangle formation. This will bring retail traders long on Gold. With triangle formation we see a fake out majority of the time before it reverses and makes the real move. The reversal region aligns nicely with the 78% fib retracement and the fib extension lines up perfection with the support level.