Bullish Pennat spotted! All sail ahead!
Gold had make a strong upward movement last 2 weeks, giving us the flag pole. however, the pattern is not a flag pattern but a bullish pennant! It is currently testing the new support line (previous resistance line). If the support holds, going LONG is a good idea.
This Idea is solely my personal opinion and it is not a entry signal. Trading leveraged assets also are very risky!
This Idea is solely my personal opinion and it is not a entry signal. Trading leveraged assets also are very risky!
Order cancelled
new support line violated.
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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.