Augustus1st

Is this breakline a long signal ?

TVC:GOLD   CFDs on Gold (US$ / OZ)
On the 4H chart, after the beautiful double bottom, we broke the downtrend line and went up during the last few days.

We saw the same attempt a few weeks ago and this attempt was a bulltrap, will this one be another bulltrap or a real long signal ?

Let's see the evolution...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.