LONG GOLD RETRACEMENT AFTER BREAKOUT
1. Retest of trend line after broken out of triangle
2. Good FIbb retracement of 0.5 to 0.618.
3. Structure support * Structure has been violated a number of times so do not place as much importance on this structure
*Wait for Close of 4 hour or see if any buy signal in the 1 hr time frame.
2. Good FIbb retracement of 0.5 to 0.618.
3. Structure support * Structure has been violated a number of times so do not place as much importance on this structure
*Wait for Close of 4 hour or see if any buy signal in the 1 hr time frame.
Note
Got to be frank, hesitated to long but if you did , do book some profits and leave the rest at breakeven
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.
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.