GOLD Support Broke Further Downside Before Continuation Up

As mentioned in my previous post, if the price broke below then the trade would be closed. As we know it is a Bull Trend, we will look for longs at the next strong support. Why not short it? I won't because the trend is our friend. I'll be patient as there is a big upside coming.

Feel free to drop me your comments and your ideas if you agree or disagree. Give me a like for support. Thanks.

Kommentar:

Not going to enter the trade yet, as price may just be testing the previous high. Lets see if it breaks the previous high before deciding to enter.

Kommentar:

The price hasn't broken above 1562, hence I will still stay out of the trade because the market is still indecisive.