Gold Analysis : What's brewing in Gold ? Bullish or Bearish ???
Hey Guys,
Early Bird View :
Though its very early to expect both Gartleys,Coming week
XAUUSD
Gold has provided us with Dual-potential Gartleys.No matter whether market moves up or down if our plan allows us we will be taking positions depending on which Gartley gets to complete first.
If we are lucky enough, we will have Bullish Gartley completion around 1060's and ride the move up which gives us opportunity to enter Bearish Cypher - Only if Bullish Gartley pans out well for us.
Bearish Gartley is still possible who knows still market can prove that we are wrong and can move any direction as it wishes to.
Its not exact trade idea, just an analysis on scenario's for Gold next week and we can look for possible entries around those pattern completion regions.
Hit Thumbs Up to Like & Share / Comment your views too :)
Early Bird View :
Though its very early to expect both Gartleys,Coming week
XAUUSD
Gold has provided us with Dual-potential Gartleys.No matter whether market moves up or down if our plan allows us we will be taking positions depending on which Gartley gets to complete first. If we are lucky enough, we will have Bullish Gartley completion around 1060's and ride the move up which gives us opportunity to enter Bearish Cypher - Only if Bullish Gartley pans out well for us.
Bearish Gartley is still possible who knows still market can prove that we are wrong and can move any direction as it wishes to.
Its not exact trade idea, just an analysis on scenario's for Gold next week and we can look for possible entries around those pattern completion regions.
Hit Thumbs Up to Like & Share / Comment your views too :)
Trade active:
After 3 days wait, we got filled and short positions open
