Ascending Channel on Gold Daily

The ascending channel pattern on D1 chart of XAU/USD shows potential for a bearish breakout. The pattern's borders are shown with the yellow lines. The potential entry level - with the cyan line. The potential take-profit level - with the green line. Stop-loss is to be set to the high of the breakout bar (not shown).

More information, and MT4 chart template on www.commodityblog.co...f-downside-breakout/

İşlem aktif:

Entered short on breakout on November 4 at 1108.08.

İşlem kapandı: hedefe ulaştı:

TP reached at 1050.78.