Amina El Mehdi
Sergeant
- Messages
- 143
The scenario is not decided yet but at my daily chart the PSAR is bullish already.
Damn, I missed the monthly and daily supply zones. Wake up JimmyGood morning all, got a little trade setup for GOLD . I was expecting price to fall back to the demand area near the trend line , but as we can see price has broken out back above the trend line . Looks like the bull may be continuing its course. So we are looking to buy back in if we get a retest of the break. It may be the case we don't get a retest of the break so will be looking to buy from the other area's of interest above zones. Mark your levels up and keep watching for your entry. GLIYF
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If it breaks the above resistance then will be very interesting.
It still hasn't broken the larger bullish trend so I would be keeping an eye closely. If you do go short have a relatively close TP