Is that a real breakout?
Finally, I am back!
This is about gold. nowadays I am focused on Oil and Gold, so let's go.
last week we had a great bullish impulse on Gold. this is a very important level and controversial reversal area as well.
I am totally long about Gold, thus the next target potentially can be 1765.
let's see if it can close above the yellow zone then it would be bullish. if not, let's say another 50% of retracement, by the way, have you seen the last dogi candle in H4? that might be a reversal candle signal.
This is about gold. nowadays I am focused on Oil and Gold, so let's go.
last week we had a great bullish impulse on Gold. this is a very important level and controversial reversal area as well.
I am totally long about Gold, thus the next target potentially can be 1765.
let's see if it can close above the yellow zone then it would be bullish. if not, let's say another 50% of retracement, by the way, have you seen the last dogi candle in H4? that might be a reversal candle signal.
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