Gold Spot / U.S. DollarUpdated GOLD: TRIANGLE PATTERN PART 2
As I post before gold weekly analysis, I still stand my opinion gold still bearish for long term. 1-3 month later.
For short term bullish for correction.
Reason
- Price still above the strong trend line .
- Price below weekly fib 0.382 as our resistance still retest the price.
- Triangle pattern on the wedge.
- I know inflation on US, but before strong grow up, I expect Price will fall to fibonacci 0,618, in other side Bitcoin grow up.
I'm waiting for confirmation buy for scalping on lower timeframe to take benefit for correction
Safe trade, don't trust what you see. always read the news.
Like and comment, glad to hear share your idea.
For short term bullish for correction.
Reason
- Price still above the strong trend line .
- Price below weekly fib 0.382 as our resistance still retest the price.
- Triangle pattern on the wedge.
- I know inflation on US, but before strong grow up, I expect Price will fall to fibonacci 0,618, in other side Bitcoin grow up.
I'm waiting for confirmation buy for scalping on lower timeframe to take benefit for correction
Safe trade, don't trust what you see. always read the news.
Like and comment, glad to hear share your idea.
Trade closed: target reached
TARGET DONE IM RICH HAHAHA
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