MEDIUM-LONG TERM GOLD MOVEMENT
Updated
Huge triangle pattern formation? Not an investment advise. Good luck to all!
Trade active
@1287 LongedNote
In 4 Hour Time frame, I see 3 White Soldiers Pattern (Three white soldiers is a bullish candlestick pattern that predicts the reversal of a downtrend.) + Weekly Close Price is still above the main trend line!Note
So far so GOOD ! :)Note
Expect a price jump up TODAY!Note
Trade goes well for now. Holding longs against BEARS till we reach our target(s)!Note
Appeared 3 White soldiers pattern in EURO side. Therefore holding longs!Note
Holding longs! Why? 1) Even good data from US couldn't break the support zone in weekly close which means Daily main trend line is still active. 2) DXY has broken the Daily rising trend line and/or made a shooting star pattern in weekly close. Plus DXY is forming H&S formation in monthly tf. Please check. 3) Please check also 10Y US is falling too. 4) GOLD is making TRUMP rising triangle pattern. Thanks for reading my update. Good luck to all!
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