on gold powerfull(clear) trend lines are very very important, trend lines and sma200 most important thing ,before analyse you must draw trend line in weekly ,then daily, 1hour,15min then analyse
witout trendclines you cant see facts
vincentwh_huang
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@ramin_trader2006, thanks for the insight, i have analysed from the weekly to the 1H timeframe. this is one of the probable setups i will be looking for, if it forms yes, and with the trading plan that is in confluence then i will take the trade, if not, i will let the price action do its thing.