According to my previous idea, Gold is expected to follow an up-trend specially after penetrating major resistance level that lasts for years!
but it went into a sideways correction that lasts for sometime, looking closely at this correction, it becomes clear that It would end up soon, if not already ended up!
Unfortunately because of the sideways market I can't catch exact price action for tight stop-loss entry, so the best way to do is to wait for market to do higher highs and higher lows and show bullish momentum .
to be updated...
but it went into a sideways correction that lasts for sometime, looking closely at this correction, it becomes clear that It would end up soon, if not already ended up!
Unfortunately because of the sideways market I can't catch exact price action for tight stop-loss entry, so the best way to do is to wait for market to do higher highs and higher lows and show bullish momentum .
to be updated...
Comment:
wait for the market to close above this minor resistance level so that it's parallel with our perspective.
Comment:
It was so accurate that you can barely see what the market did was predicted ahead of time!
