we can see gold has formed Rising Wedge Pattern . The Setup A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. Using two trendlines—one for drawing across two or more...
As we look at the chart the daily support trend line has broken and became resistance trend line. we wait for the retest and we may enter.
Sell: 1760.10-1763.10 SL : 1767.10 TP1 : 1758.10 TP2 : 1755.10 Use martingale layer strategy Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD --- SHORT Sell: 1.59821 - 1.60100 SL : 1.60200 TP1 : 1.59621 TP2 : 1.59000 Use martingale layer strategy Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPAUD --- short sell : 1.88600-1.88800 SL : 1.89100 TP1 : 1.88400 TP2 : 1.88300 TP3 : 1.87400