Gold is currently within a corrective phase. We are seeing this correction take place in an expanded triangle, which normally tends to be complicated, as a way to trap both buyers & sellers.
I'm personally not taking this buy, unless I get solid confirmations. I am just waiting for this correction to finish playing out, so our downwards move can continue. We still have sells open & running in profit for our Gold Fund investors📉
I'm personally not taking this buy, unless I get solid confirmations. I am just waiting for this correction to finish playing out, so our downwards move can continue. We still have sells open & running in profit for our Gold Fund investors📉
Trade active:
Gold has reached our POI (Point of Interest) and so far shown a nice, bearish rejection! Let's see how price action now performs.
Trade active:
So far running 200 PIPS in profit! Much more downside to go.