Pay attention to the rising channel support

Gold retraced back to the bottom of the rising channel and rebounded a little bit. Pay attention to whether it will break the rising channel or continue going up.

Good luck for everyone!

Trade ist aktiv:

Gold breaks out of the decline channel and confirms a bull flag!

Trade wurde manuell geschlossen:

I closed longs.

Kommentar:

Gold is still bullish. Pay attention to the resistance at 1353 which is a neckline. If it breaks, it will go to the previous high!

Kommentar: