BastimFx

📚 The 3 Phases Of The Market : Gold Analysis / Education

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
To trade better in market is better to know and understand the 3 Phases of the market
1) The push phase or Impulse....
This phase is when price continues moving in the direction of a current trend

2) The exhaustion phase or Correction
This phase is when price start pulling back in the opposite direction of current trend...

3) sideways moving
This is when price is neither moving up or down. Just sideways as you may know it........

In Gold case we have the
Push phase or the impulse then the exhaustion phase followed by the current impulse we're in.....

FOR ME GOLD IS STILL BULLISH

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