Here are few points i am looking for this trade
1.Gold is showing a major trend reversal setup (we had a head and shoulder pattern )
2.Flag pattern is formed and start to consolidate into (major support level )
3.Strong break out as required !(momentum bear bar )
4.Target : 2times /3times Flag pole range
1.Gold is showing a major trend reversal setup (we had a head and shoulder pattern )
2.Flag pattern is formed and start to consolidate into (major support level )
3.Strong break out as required !(momentum bear bar )
4.Target : 2times /3times Flag pole range
Note
Carefully for this weak break out i wont take this trade myself
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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.