Hello traders, welcome back.
This is my new channel and I hope to enjoy.
Lets Go straight to the chart,
I am a trader who create 2 scenarios to adapt to the price action. First case, if the gold/usd break the first trend line we will wait to break the big triangle (on the second trend line as well). If this happens we will put our take profit on the horizontal resistances that I have marked and more. Second scenario, if the 'Double Bottom" formation doesn't work and the daily strong support break, the we will SELL the commodity to the downside target.
Please if you agree with my idea like and follow I will follow you back.
Thank You.
This is my new channel and I hope to enjoy.
Lets Go straight to the chart,
I am a trader who create 2 scenarios to adapt to the price action. First case, if the gold/usd break the first trend line we will wait to break the big triangle (on the second trend line as well). If this happens we will put our take profit on the horizontal resistances that I have marked and more. Second scenario, if the 'Double Bottom" formation doesn't work and the daily strong support break, the we will SELL the commodity to the downside target.
Please if you agree with my idea like and follow I will follow you back.
Thank You.