Here we can see clearly the formation of Double Bottom (W) on the M15 time frame. Baring in mind we using M15 time frame for a clearer view of our analysis, & this is a quick scalping move due to the fact the GOLD Market is overall Bearish & it's below 50D MA.
Keep a close eye on GOLD, world's no1 precious yellow metal.
Happy PIP hunting traders.
Keep a close eye on GOLD, world's no1 precious yellow metal.
Happy PIP hunting traders.
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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.