GOLD - Falling Wedge

May 31Gold's current Falling Wedge Reversal pattern presents an excellent opportunity for traders to capitalize on a potential upward movement. By waiting for a confirmed breakout above 2334, or alternatively entering at the support level of 2320, traders can strategically position themselves for potential gains. Ensuring a stop loss at 2316 will help manage risk and protect capital.

Jun 1

Trade active

Gold is test support line 2320. You can enter for now with stop loss or wait to confirm the breakout resistance line above to bullish.

Jun 3

Comment

Still ongoing :)

Jun 3

Trade closed: target reached

You can tp now if you are satisfied.

Jun 3

Comment

Gold is now breakout resistance line. confirm bullish