Gold seems to be in an exhausted trend. If it breaks out of the smaller structure (blue trendlines) it is going to start a reversal (which most likely will continue breaking the bigger structure). In addition we have MACD regular divergence.
I am not interested in any up movement at the moment.
I am not interested in any up movement at the moment.
Comment:
Still on this trade with Stop Loss on small profit. It is a risk-free trade now