hello traders, as promised here is the full analysis for gold, if you have any question or you want to support me please leave a comment below and I will get back to you.
HERE ARE THE FREE EDUCATIONAL IDEAS I PUBLISHED UP TO NOW
PSYCHOLOGICAL LEVELS: simple and effective way to find key levels
HOW TO AVOID FAKE TRENDS ( using multi-timeframe analysis )
THE PROPER WAY TO USE FIBONACCI ( majority are doing it wrong!!! )
AVOID THIS CANDLESTICK FORMATION TRAP!!! ( important!! )
HOW TO BE A SNIPER ( the line chart trick!!! )
TRENDLINES AND COUNTER-TRENDLINES ( how to use them correctly! )
It hit your target 1 and it may be a bit too early to tell, but it seems like it's struggling to break out further for now. I'm looking at a huge long at around 1365, which was the top of the 3 year old triangle formation. Any thoughts? You note it could retrace back to 1340s which marks a previous local top, but that'd put it within the giant triangle, which would imo be highly uncomfortable to long.