GOLD IS CURRENTLY TRADING NEAR THE CHANNEL SUPPORT STRUCTURE AND ALSO HAVE FORMED DOUBLE BOTTOM
SO ONCE IT BREAKS THE DOUBLE BOTTOM NECKLINE IT IS CONFIRMED THAT THE GOLD IS BULLISH FROM THE OVERBOUGHT ZONE
TARGETS ARE MENTIONED IN CHART
(INCASE OF STOPLOSS) ~~~ IF THERE IS A WEEKLY CLOSE BELOW THE CHANNEL - WE CAN EXIT OUR TRADES
SO ONCE IT BREAKS THE DOUBLE BOTTOM NECKLINE IT IS CONFIRMED THAT THE GOLD IS BULLISH FROM THE OVERBOUGHT ZONE
TARGETS ARE MENTIONED IN CHART
(INCASE OF STOPLOSS) ~~~ IF THERE IS A WEEKLY CLOSE BELOW THE CHANNEL - WE CAN EXIT OUR TRADES
Kommentar:
SETUP NOT VALID ANYMORE AS IT HAD BROKE THE BOTTOM