Following last weeks analysis on Gold, price is reaching the outer trendline where we thought price may go to if it didn't reverse during NFP. The safest way to enter would be to watch for an ascending correction leading to the trendline. Entry would be on break of the correction with stops above the trendline.
See chart update for lower timeframe analysis.
Goodluck and trade safe!
See chart update for lower timeframe analysis.
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.