gold ---> BROKE up the channel

Jul 12, 2023

hello guys...

gold formed a head and shoulder and broke up the descending channel as well

so now we can expect some small upward movement until it will touch:

1. the head and shoulder target
   
   1. the next line of channel and flip area
      
      1. the QML
         
      
      
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Jul 12, 2023

Note

the blue area is great area for short position:

Jul 13, 2023

Trade closed: target reached

the first circle touched!

Jul 14, 2023

Note

the correction is possible to touch the blue area first then start another upward movement!

Jul 17, 2023

Note

in progress:

Jul 18, 2023

Trade closed: target reached

so close to the next target: