Gold! It's break out...!

3 May 2021

GOLD - XAUUSD - Bulls are gaining control....!

A short explanation for gold today...

Pattern: Broken out of wedge, the pull back will be key to show if the trade is fully confirmed - how do you know the trade is confirmed? It really depends on your own trade plan!

Enjoy!

Trade Journal

4 May 2021

Not

At interesting support level!

5 May 2021

Not

I took profit and I am out of the trade early as the price action, I didn't like and if we get over 91.50's area for DXY - precious metals could see a further decline.

7 May 2021

Not

Reached the target area. However, I wasn't part of this trade, I am still long silver took partials.