XAUUSD
Triangle break on Gold successfully, Still following along for a better pullback buy entry meanwhile catching dips is rewarding. I only like to sell in general at price rejection, so I won't be looking for short term sales.
The last sell zone I was comfortable with a sale position was between 2075-2065 Price rejections.
So as of now, I am just looking for formation breaks and pull back entries which we saw at 2014-2018 not too long ago. This formation on the chart broke around 2035 to TP 2050, this positions are short term get in and get out due to being too close to pivot points.
I wont hold anything that is not below 2020 and in a perfect world scenario we will see a good pullback 1980-1940s at least for long term position if possible to 2100s. Unless Covid-19 and Stimulus fundamentals say otherwise we wont see a good correction yet until election time.
As more and more countries pump the inflation, gold will remain bullish overall.
Trade responsibly this idea is for educational purposes and not financial advice.
