This is the ascending channel of gold. According to this channel, we can make a decision. Sell positions are not reasonable at all right now.
But if we see a red candle from the top of the channel, we can open a sell position to the bottom of the channel with a reliable stop loss.
But if we see a red candle from the top of the channel, we can open a sell position to the bottom of the channel with a reliable stop loss.
Trade active
i opened a small sell position on top of channel !Note
midline touched !Trade active
again on top of channelNote
midline of channel again touched!Trade closed manually
channel breaks down
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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.