I know you have been waiting for this <3
Gold made me some good money last week and its moving nicelly down and up, not a lot of 4H consolidation, that means, we can look for better trades :)
For this week i am planning to watch gold really closelly... on 15 minute we have some nice support and resistances... I actually checked 5M and 1M timeframes and we have wedge, which was broken and is now being retested as bullish... If its not fakeout, we can clearly shoot for 1746-1748 and 1755
If its a fakeout, we can expect gold to go down hard and lick 1734 or even 1732 zone and then shoot up, if its an fakeout, we can look for targets at 1739 and after this support gets broken and retested, we are moving our SL untill 1732
Gold made me some good money last week and its moving nicelly down and up, not a lot of 4H consolidation, that means, we can look for better trades :)
For this week i am planning to watch gold really closelly... on 15 minute we have some nice support and resistances... I actually checked 5M and 1M timeframes and we have wedge, which was broken and is now being retested as bullish... If its not fakeout, we can clearly shoot for 1746-1748 and 1755
If its a fakeout, we can expect gold to go down hard and lick 1734 or even 1732 zone and then shoot up, if its an fakeout, we can look for targets at 1739 and after this support gets broken and retested, we are moving our SL untill 1732