GOLD - Waiting For Bulls

Gold has been in a descending channel since August 2020 and we managed to catch a beautiful short in February this year (See linked chart).

For this trade, wait for bulls to confirm a trend reversal by breaking that descending trendline and then get in on a correction. Gold could be creating a double bottom at the moment. Wait patiently for a break!

Goodluck and trade safe.

评论:

Double Bottom