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The_MarketMaker
Apr 29, 2020 12:29 PM

Gold is TRENDING UP Long

Gold/U.S. DollarFXCM

Description

When people are taking out their money from the stock market(as its currently in a bear rally) , they put their money into a safe asset like Gold. Troubled times like the one were currently in can lead to a surge in the price of Gold.

Most traders are selling the double top, or so they think it is! With their stop loss placed right above recent high!

The money is currently above recent highs, and its our target!

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Comments
g64389057
whats your target for this leg?
GoldCartel
Nice analysis
The_MarketMaker
@GoldCartel, thanks for the comment!
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