Symmetrical triangle formation and confluence of two upper trend line resistances can hold the rally and could be good opportunity to short gold around 1846-1850 levels.
It may retest 1830 and 1810 levels before going up for the targets of 1870 and 1900 levels.
It may retest 1830 and 1810 levels before going up for the targets of 1870 and 1900 levels.
Comment:
First target of 1830 achieved
Trade closed: target reached:
1830 and 1812 achieved and im closing my trade plan here
