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Gold : Wait for Breakout and Catch that trend
Gold Spot / U.S. Dollar
Gold : Wait for Breakout and Catch that trend
By theoris
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Updated
Jan 21, 2020
3
Jan 17, 2020
Break Green trend line ---> Buy to the target level
( Stoploss if drop below red TL )
Drop below Red trend line ---> Sell to 1530 zone or lower to 1463
( Stoploss if above green TL )
IMO I bias in Long entry but we should wait till it breakout up or down to confirm.
Jan 21, 2020
Note
Hit TP1 of Buy signal
take partial profit.
Jan 21, 2020
Note
after TP1 and back to retest on lower zone again
Gold should drop a while.
breakout
Chart Patterns
Gold
XAUUSD
theoris
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