scenario 1 : gold now in the up trend channel and want goes to up trend line . if not broke up trend line will reversal to down trend line .
scenario 2 : if broke up trend line gold goes to point 0.382 . if broke 0.382 goes to 0.5 and 0.618.
scenario 3 : price reversal from line 0.382 and goes to down trend
scenario 2 : if broke up trend line gold goes to point 0.382 . if broke 0.382 goes to 0.5 and 0.618.
scenario 3 : price reversal from line 0.382 and goes to down trend
Trade closed: target reached
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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.