Good Day Everyone
here's a short idea on GOLD, we saw a break out of that descending channel pushed up to a strong resistance level with multiple touches looking to the left.
I'm looking for a retest of that descending channel should it fail to break the resistance level, looking for short entries on the metal,* will be looking for a retest of this resistance level 1744.32 and look for reversal pattens on XAUUSD should we see a significant move above this level trading plan will be canceled and will look for opportunities with the bulls...
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Target 1 - 1700.5
Target 2 - 1690.25
SL & ENTRY - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - DAY TRADE
____________________________________________________________________________________________________________________________
IF you like the idea kindly leave a like, leave your idea in the comment section on the pair & comments welcome....
here's a short idea on GOLD, we saw a break out of that descending channel pushed up to a strong resistance level with multiple touches looking to the left.
I'm looking for a retest of that descending channel should it fail to break the resistance level, looking for short entries on the metal,* will be looking for a retest of this resistance level 1744.32 and look for reversal pattens on XAUUSD should we see a significant move above this level trading plan will be canceled and will look for opportunities with the bulls...
______________________________________________________________________________________________________________________________
Target 1 - 1700.5
Target 2 - 1690.25
SL & ENTRY - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - DAY TRADE
____________________________________________________________________________________________________________________________
IF you like the idea kindly leave a like, leave your idea in the comment section on the pair & comments welcome....
