Hello traders,
Check the Daily Chart right one first. Gold has made 2 daily doji on daily chart and now new possible bullish candlesstick. All these candles could make a strong bullish pattern on daily chart.
In my last idea on weekly chart for gold, I was looking for a retest of the red weekly support. Now seems a new leg up for a possible daily correction first. Which mean if price could rise up again to break the pressure zone on wkly chart, gold will run a "W" pattern on a big pic and could reach new high in 2020, that is 2000.
Keep eyes on 4H chart to find out a possible entry position to long for a correction on daily chart first.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
Check the Daily Chart right one first. Gold has made 2 daily doji on daily chart and now new possible bullish candlesstick. All these candles could make a strong bullish pattern on daily chart.
In my last idea on weekly chart for gold, I was looking for a retest of the red weekly support. Now seems a new leg up for a possible daily correction first. Which mean if price could rise up again to break the pressure zone on wkly chart, gold will run a "W" pattern on a big pic and could reach new high in 2020, that is 2000.
Keep eyes on 4H chart to find out a possible entry position to long for a correction on daily chart first.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
