watch the trendline for price action for long or short
Updated
i will be watching the resistance zone at the area 1244 to 1240 near the trendline. if it holds and watching the price action i will be long upto the upper trendline
in the 2nd case if bottom trendline breaks wait for a retest and sell it to the resistance zone of 1200 area
in the 2nd case if bottom trendline breaks wait for a retest and sell it to the resistance zone of 1200 area
Comment
gold yesterday closed lttle below the trendline and the zone i am waiting below, let's watch if it can continue going below. if it comes back in the zone i will still be considring going long after watching price actionDisclaimer
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