TradingView
FTE1995
Nov 15, 2018 6:11 PM

GOLD - Finding Support at old Resistance Long

GOLD (US$/OZ)TVC

Description

- After golds breakout, it may have found support at the old resistance level encountered a few days ago
- May still retest the hourly descending trend-line it broke yesterday
- Wait for a convincing break higher before going long
- In the case of a retest back down to the trend line look for bullish confirmation (candlestick, pattern setup)
to go long again

THIS IS NOT TRADE ADVICE NOR A TRADE CALL
More