Gold has fallen twice from 1795 and creates Ascending triangle pattern .
Institutional money has eaten the Retail money. Actually market is
strengthening its roots for next Bullish Run.
Technical clues:
Ascending Triangle.
Tweezer bottom in 4H.
20EMA and 50EMA crossover in 1h.
Recommendation:
Buy Zone 1770 to 1780.
Stop below 1766.
Take profit 1810 and 1824.
Confirmation starts when it breaks 1795 (Ascending Triangle)
Trade Technicians!
Institutional money has eaten the Retail money. Actually market is
strengthening its roots for next Bullish Run.
Technical clues:
Ascending Triangle.
Tweezer bottom in 4H.
20EMA and 50EMA crossover in 1h.
Recommendation:
Buy Zone 1770 to 1780.
Stop below 1766.
Take profit 1810 and 1824.
Confirmation starts when it breaks 1795 (Ascending Triangle)
Trade Technicians!