📈Powerful breakdown of gold. What do you see and what do I see?
I will start with the fact that now the chart clearly formed a powerful breakdown of the resistance level of $1750 on the 4-hour chart and the quotes rolled away from it went further up.
You can try to enter a position, then pay attention to the red "rectangles" and the fact that the breakout may be false again (there will be a "double divergence" on the hourly chart).
According to the "4 screens" system, everything is natural and you can enter the position (who is interested in the link to the screenshot below).
I will not rush, I will wait for the closing of the day, and put a pending limit order to buy at 2% of the Deposit, but no more.
You can try to enter a position, then pay attention to the red "rectangles" and the fact that the breakout may be false again (there will be a "double divergence" on the hourly chart).
According to the "4 screens" system, everything is natural and you can enter the position (who is interested in the link to the screenshot below).
I will not rush, I will wait for the closing of the day, and put a pending limit order to buy at 2% of the Deposit, but no more.
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