Gold looking ready to crumble
A small pullback expected, towards the 1285 area (touch of trend line), then let it crumble down to 1250, this will be my first target.
Always trade with caution and do your own research
Always trade with caution and do your own research
Note
Analysis following nicely, will look to enter the trendline with a tight stop loss should it reach the upper trendline. Trade safely!Trade active
Entered trade, running 70 pips in profit
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.