The Caution Zone of Gold again.
Updated
Let 's market choose her side and follow her path after it show confirm signal.
Long bias
if price still more than 1311 zone (invalid zone of right chart)
target more than 1463 ++
Short bias
if price is not break up green trend line of left chart
Price break down and form H&S pattern , target below 1400 ( 1370 - 1394 )
Long bias
if price still more than 1311 zone (invalid zone of right chart)
target more than 1463 ++
Short bias
if price is not break up green trend line of left chart
Price break down and form H&S pattern , target below 1400 ( 1370 - 1394 )
Note
I sell Gold 1420 for short term sl 1422.5
TP 1370-1394
Note
Note
sell trigger is stopped outand Gold meet old res. if Gold can pass and break TL for invalid in sell
Note
In this peroid it is unclear so we only trade in zone if it have good RR ,we will entry like this
it is good RR to buy with tight stoploss
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