Possible Long On GoldHi trading family. I have decided to start posting ideas too, thanks for all the love and support.
On this pair, we spot several confirmations on possible long for Gold with a risk-reward ratio of 1:2
The fibs offer key patterns in the market as they magically get respected in most cases.
The 3 circles you see form a head and shoulder pattern which gave us a short whose take profit has been reached.
If the triangle is not broken at the bottom, we will form a level for a new trend line which will give us the trailing levels for our trade.
Good luck with your trading.
