Based off of previous analysis i have complied, I'm seeing bullish sentiment for at least the next 2-4weeks.
This week started off with a beautiful pullback to the .618 Fib level (who doesn't like gold?)
and off of a previous long trend support!
expecting a rise to the 110-110.50 levels (1.618) before we look for bearish reversals.
perfect low risk/ high reward set up
(I AM NOT A FINANCAL ADVISOR)
Enter: 109
TP 110.50
SL: 108.75
stay safe, happy trading!
This week started off with a beautiful pullback to the .618 Fib level (who doesn't like gold?)
and off of a previous long trend support!
expecting a rise to the 110-110.50 levels (1.618) before we look for bearish reversals.
perfect low risk/ high reward set up
(I AM NOT A FINANCAL ADVISOR)
Enter: 109
TP 110.50
SL: 108.75
stay safe, happy trading!
(accountability of stophunt below trendline)