1) Only for risky traders, the risk-reward ratio is not favorable
2) Conservative trader wait for a breakout of descending triangle
3) only trade setup I can see delv % increasing daily & gold rate are very hight in future gold finance giving companys benefited +Ve Sentiment
4) SL - low of candle Entry - High/Close of candle Exit resistance line
2) Conservative trader wait for a breakout of descending triangle
3) only trade setup I can see delv % increasing daily & gold rate are very hight in future gold finance giving companys benefited +Ve Sentiment
4) SL - low of candle Entry - High/Close of candle Exit resistance line
Comment:
Risky traders stop loss hit now time to wait for conservative traders
Comment:
wait for the price to break the triangle
Comment:
Triangle clearly broken down side Target 1 575
Trade closed: target reached