So it seems that the inverted Head and shoulder is still in play, so were'nt able to break the support today meaning we're bullish... so if you have enough cash in your account just take my word for it... Gold is still gaining i tell you
So the triangles?
i have noticed that Gold retests in a triangle most of the time, wherein if you draw a triangle from the time it broke your trendline to the right you'll get your entry point within that triangle, or on top of the triangle line, unlike Nas100 which retests straight on the trendline.
Dont be greedy ya'll and do your own analysis before taking stranger signals..
i increased the SL so i think this trade is still active
BTW you'll be surprised how effective trendlines are on Gold
So the triangles?
i have noticed that Gold retests in a triangle most of the time, wherein if you draw a triangle from the time it broke your trendline to the right you'll get your entry point within that triangle, or on top of the triangle line, unlike Nas100 which retests straight on the trendline.
Dont be greedy ya'll and do your own analysis before taking stranger signals..
i increased the SL so i think this trade is still active
BTW you'll be surprised how effective trendlines are on Gold
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