As observed in the weekly time frame, CL1 has broken a bearish trend that emerged after June 2022. Currently, CL1 exhibits bullish sentiment, and based on global news, it is likely to continue its upward trajectory.
Gold has been in a bullish trend last week. GC just hit higher highs. We’ll see if it breaks the trend-line and continues to the upside or bounces back and changes to bearish trend.
Holding position on gold expecting price to continue to the uptrend have stop loss below those blocks
Just broke bearish trend line hopefully continues yesterday’s trend toward the upside.
Inst: gold. Long 30 min Time frame Between A and B wich is more lite to happen?
Gold has been doing previous lower lows. Just hit 3210.00 Expecting change of trend.