About meA student who loves to trade, been trading for 3 years, much of a bull person, aggressive and confident.
Age: 20 years
Qualification: persuving Artificial intelligience
Goal: Build an AI-based system to automate a trading strategy
Based on the current scenario we can clearly identify that Gold is approaching a major breakdown as it has its downtrend resistance at 1950, considering that we can acknowledge 1944 as a reversal point and soon in upcoming time we can expect this bearish trend to test all the levels up to 1890.
The Best thing is to stay bearish with a stop loss 1950, and if it...
Based on the current scenario we have 3 levels approaching, as of now it's neutral and it can be seen that it just started a bullish run as we overcome the breakeven point at 1.10200 if it breaks 1.10400 then we have a strong bull rally and if it doesn't survive we might test the levels of 1.10200 couple of times.
If it breaks then 1.10200 then it means the...