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jojofang0901
9. Mrz. 2021 14:46

GOLD don't miss this buy from the bottom Long

GoldOANDA

Beschreibung


Hi traders:

I have been talking about GOLD for quite sometimes now in my live streams market updates.

We finally see price move down to the bottom of the HTF flag/channel structure in a corrective price action.

This descending channel/fallen wedge could be the first sign of the lower time frame reversal price action.

Latest price showed a breakout form that fallen wedge, so I would wait for clear LTF continuation correction to form and complete and get in the on the buy.

Thank you

Kommentare
ForecastCity_World
great chart and explanation
jojofang0901
Prasad_Ari
@jojofang0901, I couldn’t agree more on this.. I also firmly believe gold has bottomed out (for now) and it's time to take long positions..
jojofang0901
@Prasad_Ari, Lets look for continuations :)
FortuneFavorsTheBRAVE
This post is full of compliment comments, you are doing well bro thanks for your effort only one thing please how to get confirmation on LTF continuation?
jojofang0901
@imadaris thank you :) what I look for is any LTF correction, so like bullish flag, pennant, triangle, channel etc. at least 2 swing highs and 2 swing lows to categorize it as a continuation correction
enderlandry
@jojofang0901 what does Ltf stand for?
jojofang0901
@enderlandry p Lower time frame = anything under 4/1 hr, 30/15 mins
TopTradingSignals
it is a bottom indeed! only up from here!
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