Still a Downtrend Until It Breaks Trendline

My analysis for gold has not changed. The current uptick just retested a previous resistance level and looks like it will do a contuation to the downside. I will not go for the bull run until it breaks my trendline to determine so. Target swing trade TP is still 1165.77 until price movement dictates otherwise.


BEAR TPs:
1290.25
1276.23
1282.70
1271.91
1265.33

BULL TPs:
1302.26
1314.50

Yorum:

BULL TP 1 was hit. Getting readings it'l' hit TP2. Didn''t take trade since focused on several others.