Helloandtrade

EASY Daily TREND BUY OFF 61.8 GOLDEN RATIO

Long
Helloandtrade Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
we have many reasons to enter an easy buy off gold, WE HAVE A HEAD AND SHOULDERS on a 4H, We have a trendline touch on the daily and off the daily we can come to the senses of the 61.8 touch and a engulfing candle on the daily meaning we still in a bullish trend and on that note we have a daily touch on the golden ratio which is the 61.8 which means we have a high probability of going to previous resistance and past that i say its a safe buy for the next day or two! happy trading
Comment:
head and shoulder on 1h sorry
Trade active:
played out just as expected
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.