Gold has been recovered past few days quite well. From the monthly chart, We can see Bullis Head and Shoulders pattern forming. The weekly Chart also has the same pattern. On the daily chart, we have seen a nice move to the upside.
After this impulse to the upside, we want to see a correction to at least the 1785-1790 region before continuing the upside.
So, we will be looking for the price to give us a correction and we will look to go long if all the rules of the strategy satisfy.
Feel free to ask me anything :)
After this impulse to the upside, we want to see a correction to at least the 1785-1790 region before continuing the upside.
So, we will be looking for the price to give us a correction and we will look to go long if all the rules of the strategy satisfy.
Feel free to ask me anything :)