Forecast | XU | 29 March - Gold Trapped into Triangel
Here we go master !
Last week XA was trapped into the triangle cluster between support ~ 1724-1720 and downtrend of resistance.
If break the upper resistance, XU will target 1752 and 1761. While if break the support, XU will target lower support ~ 1677.
As to the ratio of risk/rewards, short is better than buy, but please be carefull.
Keep in watch and good luck trader :)
Last week XA was trapped into the triangle cluster between support ~ 1724-1720 and downtrend of resistance.
If break the upper resistance, XU will target 1752 and 1761. While if break the support, XU will target lower support ~ 1677.
As to the ratio of risk/rewards, short is better than buy, but please be carefull.
Keep in watch and good luck trader :)
