As I Can See Gold Is On Descending Parallel Channel And Bottom Line Has Already Make the third Touch Last Week And Strong Bullish Power Was Shown Last Friday. And The Top Line of the Parallel Channel Has More then 4 Touches. There's a High Probability To Breck The Upper Trendline. If 4H Solid Candle Close Above The Trendline Will Confirm To Fly More Upside .But in The Beginning Of The Week Will Have Some Fake out Traps As well .Trade With Caution
I'll Update LTF Analyze After Market Make The Move
I'll Update LTF Analyze After Market Make The Move
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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.