Any thoughts/opinions welcome! The pair have been following a strong bullish trendline for a solid + two weeks. The pair has found support at 74.5 level and has also touch multiple times of 61.8% fibonacci. Expecting for it to pass through the key level and hit fib 27% which is also a historical level.
Any suggestions/critiques welcome as im trying to learn. After a huge drop, gold found an area of consolidation with a major resistence area of 1850 which is also a key level. Candles broke the wedge pattern and waited to enter at 50% fib level. Aiming for 1874 level but will monitor till then.
beginner whos trying to hold himself accountable for trades/ not over trade by posting - all critiques/ criticisms welcome. Spotted a Head and shoulders with a rising confirmation line. Trend line broke easily through two key levels. Will enter on a buy depending on clean break and the pullback. Targeting next major resistence at 80.838.
Basically i'm a beginner whos trying to hold himself accountable for trades/ not over trade by posting - all critiques/ criticisms welcome. Strong trendline starting from support at 1.1700. Followed it up to the 1.2100 level and double tapped resistence and shot back down to major support area of 1.9300. Will see what price action it does on lower time frame but...