On the weekly chart gold printed a pretty decent bullish candle but more importantly printed that candle bouncing off the previous high. I really like this type of price action and expect a move up and trend line break eventually. Due to the candle price action I have already taken a long with a stop below the pattern, but for the more conservative trade you should wait for a trend line break, and then a retest of the topside of the trendline.
Yorum:
Picked up some nice pips already im gonna take half profit and look for a move beyond the trend line