Hey folks,
a triangle pattern has formed on
GOLD and froze right in the last hour of previous trade week :).
Previously, we bounced on a higher time frame resistance leading to bearish cross overs on higher time frame oscillators.
If the breakout is gonna happen and is directed downwards a nice profit might be in!
If breaking out updwards, we can still take the profit!
Enjoy,
Cheers!
a triangle pattern has formed on
GOLD and froze right in the last hour of previous trade week :).Previously, we bounced on a higher time frame resistance leading to bearish cross overs on higher time frame oscillators.
If the breakout is gonna happen and is directed downwards a nice profit might be in!
If breaking out updwards, we can still take the profit!
Enjoy,
Cheers!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.