The pair will breakout very soon, either immediately as a breakout from an ABC corrective structure or going up a bit to complete a triangle and then break down, either ways plenty of sell opportunities will materialize so keep a close watch!
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Hi, I am very new to this. Am i right in saying it is reaching the end of the downward trend and the frank is looking quite bullish with the gold surge and it is going to start an upward trend?
If so would this be a good time to invest?
@Piphunter. Is this trade over or it is going to retest and resume the downward trend. Watching the charts, i think it is taking a retracement and resume the downward trend. Am I right. Still learning. Thanks