Gold has made impulsive bearish movement last week, after rejecting off 1748 levels and being unable to create a higher high.
I have marked out impulse bearish movement (orange) and corrective bullish movement (green)
As price has entered into my AOI (most recent Drop Base Drop), I am looking for loss in bullish corrective movement, with S/L above the AOI and T/P at the current low.
Do kindly comment if you think I could beautify the chart further, and provide color suggestions :)
I have marked out impulse bearish movement (orange) and corrective bullish movement (green)
As price has entered into my AOI (most recent Drop Base Drop), I am looking for loss in bullish corrective movement, with S/L above the AOI and T/P at the current low.
Do kindly comment if you think I could beautify the chart further, and provide color suggestions :)