Remember just drawing lines on a chart has NO meaning !! It is not about the lines you put , it'a all about the STRUCTURE!! So drawing lines without understanding what structure you are looking for is as good as driving but not knowing where you are going!
Trade with care.
Thank you for your support.
Training : add to skype mangal457
Every possible down trendline is broken.
The bear market is over in gold....
Timewise next week we are heading down to the daily cycle low. Going down to 1150 in 4-5 days will be scary and fast enough to get every bear very bearish, and kick off all the late bulls who entered in this breakout above 1200 .
And then can come the second leg up above 1300...