GOLD | Wait for Trendline breakout & Retest to SELL!..
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GOLD Update..
The price might be forming a potential Bearish Head&Shoulder pattern but price is supported by trendline everytime the price fell it is supported by the trendline as long as price stays above the trendline the trend is bullish,wait for the price to break the Trendline and after a pullback if price gives any bearish signal,look for Sell opportunity.
In case,If price don't give any bearish signal and continue it's bullish move then dont take the entry and wait for another opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD Update..
The price might be forming a potential Bearish Head&Shoulder pattern but price is supported by trendline everytime the price fell it is supported by the trendline as long as price stays above the trendline the trend is bullish,wait for the price to break the Trendline and after a pullback if price gives any bearish signal,look for Sell opportunity.
In case,If price don't give any bearish signal and continue it's bullish move then dont take the entry and wait for another opportunity..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 1hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Comment:
Comment:
30 minute timeframe....