Fortunately, gold reached the bottom of our hypothetical channel and was in demand.
To enter the long position, we need to see a good stabilization above the RK (Resistance Key) level. After that we can expect the price to see the first red level and if it can form HH (Higher High), the second target will be acceptable.
To enter the long position, we need to see a good stabilization above the RK (Resistance Key) level. After that we can expect the price to see the first red level and if it can form HH (Higher High), the second target will be acceptable.
