My view on Gold is BULLISH.
Looking at the Monthly chart, I have marked out six key areas.
If price fails to break zone 2, I will go SHORT. I will take profit and go LONG once price hits zone 1.
I will probably add to my LONG position when price retraces to zone 2.
I could also add to my positions (smaller sizes) on the 4H time frame.
That's my view on GOLD. Waiting for that rejection at zone 1.
Looking at the Monthly chart, I have marked out six key areas.
If price fails to break zone 2, I will go SHORT. I will take profit and go LONG once price hits zone 1.
I will probably add to my LONG position when price retraces to zone 2.
I could also add to my positions (smaller sizes) on the 4H time frame.
That's my view on GOLD. Waiting for that rejection at zone 1.