In order to have a trend (up or down) one of these black lines must get broken. Market is trying to find a trend and it is still unclear. To be in safe area and not losing money so stay away from trading.
The Gold has bottomed the trend which began last month and created a reversal candlestick which indicates the upward movement has already begun.
I believe the gold will touch 1825.
Don't risk more than 1% of your capital
Disclaimer: This is just advice and if you want to trade accordingly this idea so you must be aware of the potential risk and always do your...
Today, the central bank of France has announced the bouncing of the economy is occurring faster than earlier forecast. Technically, the price is at the earlier resistance level and will bounce off from here.
Wait for confirmation before entering in any trading (Price action confirmation)
Please trade carefully and do not risk more than what you can afford (1% of...