Simple and clean breakout in Gold
Gold was in a constant downtrend for a couple of days and took a retest over the trendline. At 1627 it took support thrice and gave a breakout candle after which there was a retest candle for confirmation and since then the price of GOLD has been rising at a decent speed. I hope many of you might have made decent returns in this area if you do trade in commodities. If not keep looking for such simple trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.