This is my analysis for the gold market :
-if the price goes up the yellow resistance line , there ie a high probability the price will touch the white resistance line as a profit target and may continue raising if it breaks the white resistance also .
- if the the price couldn't break the yellow/white resistance line it will be a good point for sell signal .
For the next days if gold touch one of the resistance or support lines in the chart , there is a high a probability to buy/sell on those points as they are considered as a good point entries .
-if the price goes up the yellow resistance line , there ie a high probability the price will touch the white resistance line as a profit target and may continue raising if it breaks the white resistance also .
- if the the price couldn't break the yellow/white resistance line it will be a good point for sell signal .
For the next days if gold touch one of the resistance or support lines in the chart , there is a high a probability to buy/sell on those points as they are considered as a good point entries .
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