Hello Traders, Hope you are doing great.
GOLD is forming a Rising Wedge Reversal pattern these days and it seems that Bulls aren't able to raise the price at least for now. So I expect a downward correction in upcoming days.
Remember that this kind of corrections are temporary and gold price will probably see higher price this year; so Don't forget to use proper risk management .
and finally tell me What are your thoughts about GOLD ? UP or DOWN ? comment your opinion below this post.
GOLD is forming a Rising Wedge Reversal pattern these days and it seems that Bulls aren't able to raise the price at least for now. So I expect a downward correction in upcoming days.
Remember that this kind of corrections are temporary and gold price will probably see higher price this year; so Don't forget to use proper risk management .
and finally tell me What are your thoughts about GOLD ? UP or DOWN ? comment your opinion below this post.
Trade active
First target reached, more than 400 pips in profit.Trade closed: target reached
second target reached, about 700 pips in profit.I hope you used it, CHEERS.
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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.