Hey Traders!
Happy New Year to all!
FIrst thing is First, Gold is forming a very nice pattern here, pushing for an expanding formation, it seems to also be topping. The drop is one you want to be in as it will bring a good, and fast profit if the pattern is completed as observed.
Entries can be made after a breakout of the uptrend followed by a confirmation or you can take a more risky entry by picking a top to enter, a SL and a target.
Choice is yours..
your follows &/or like are appreciated.
Happy New Year to all!
FIrst thing is First, Gold is forming a very nice pattern here, pushing for an expanding formation, it seems to also be topping. The drop is one you want to be in as it will bring a good, and fast profit if the pattern is completed as observed.
Entries can be made after a breakout of the uptrend followed by a confirmation or you can take a more risky entry by picking a top to enter, a SL and a target.
Choice is yours..
your follows &/or like are appreciated.
Trade active
I PICKED A TOP, SHORTLY AFTER PUBLISHING & SET MY SELL LIMITS. TRADE HAS RUN 80+ PIPS FROM ENTRY AND COUNTING
Note
Pattern was further extended, this is what we are looking at now, will it end up being runnning, or expanding?? hmmm......
David K Giraldo
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.
David K Giraldo
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.