Hello dear precious metals friends, hope you're doing well guys! ;)
Gold is now rejecting with a Weekly Shooting Star at the key resistance of $1,550. We're gonna be looking towards the first major higher Lows since the break of $1,350, which is gonna be very healthy for a further upmove.
On the Daily we had a perfect Wedge breakout, which could still turn into a Head & Shoulders pattern. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Gold is now rejecting with a Weekly Shooting Star at the key resistance of $1,550. We're gonna be looking towards the first major higher Lows since the break of $1,350, which is gonna be very healthy for a further upmove.
On the Daily we had a perfect Wedge breakout, which could still turn into a Head & Shoulders pattern. Have fun watching! ;)
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :)
Edgy is providing online education only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
