Multiple scenarios been illustrated above.
CAD totally dependent on OIL.
As OIL been bullish mostly due to fundamental reasons (US & Saudia Contract), CAD made serious
moves too.GBP on the other hand been consolidated last week but made moves at the end of week.
Here GC been trapped in symmetrical Triangle and at Resistance level. It has broken previous support
and retested as well. SHORT once market opens will viable confirmation.
Check your R:R for safe profit.
Lemme know in a comment below about your idea too. :)
#STAYSAFE#STAYHOME
CAD totally dependent on OIL.
As OIL been bullish mostly due to fundamental reasons (US & Saudia Contract), CAD made serious
moves too.GBP on the other hand been consolidated last week but made moves at the end of week.
Here GC been trapped in symmetrical Triangle and at Resistance level. It has broken previous support
and retested as well. SHORT once market opens will viable confirmation.
Check your R:R for safe profit.
Lemme know in a comment below about your idea too. :)
#STAYSAFE#STAYHOME
Trade closed: target reached
Trade active
GC has been moving accordinglyhttps://ttps://www.tradingview.com/x/lEj58mEu/
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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.
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.