Gold is a good sell
Here I think gold is a good sell point.
1. It touched the purple rectangle supply zone
2. It has broken out of the rising wedge (I did not take a position on the wedge breakout)
3. The bottom line of wedge is now resistance
Decent profit potential to 1st profit target
Good profit potential to next target which is a minor resistance
Great profit potential if it goes to green demand zone at bottom
Let me know what you think too.
Ms Bunny ❤️
1. It touched the purple rectangle supply zone
2. It has broken out of the rising wedge (I did not take a position on the wedge breakout)
3. The bottom line of wedge is now resistance
Decent profit potential to 1st profit target
Good profit potential to next target which is a minor resistance
Great profit potential if it goes to green demand zone at bottom
Let me know what you think too.
Ms Bunny ❤️
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