Hey Guys, We are having back to back trade setups which are breakout ones. Remember we grabbed the previous breakout in XAUUSD all the way from 1225's and another channel forming now in gold which is ready for breakout.
I'm biased towards downside breakout, but if Gold raises up don't panic bcos till 1215's nothing to worry about bulls. Check with your trading plan and calculate the risk before entering the trade setup.
Happy Trading & Happy Friday... Green Weekend On...
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Don't be in hurry, Patience is key guys. Enter only on valid breakout...
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I didn't enter upside breakout, prefer to stay out