GOLD ---> is going to touch $1852

hello guys...

as you can see gold formed a descending channel and break this out!

At the same time, it formed a base channel that is sharper than a regular channel!

in this case, you can expect a downward movement as high as a regular channel, but if you look at the higher time frame you can see a support level of $1874, so I recommend you close half of your position there and close on $1853 the remaining one!

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Yorum:

the middle of channel is great for short positions:

İşlem aktif:

the short position active:

İşlem kapandı: hedefe ulaştı:

the target two hit

the target 4 active