15 mins chart
Price break through the uptrend trendline but now it is not peak trading hour for gold, with such a weak volume break out, I would hold and take action only when price goes down below 1230.30 (which satisfied 2.618 target gain for put, under 5 mins chart) or go back above the trendline.
Green boxes are going to be my entry levels for long or short, guess the battle will start soon at around 12:00 GMT.
Price break through the uptrend trendline but now it is not peak trading hour for gold, with such a weak volume break out, I would hold and take action only when price goes down below 1230.30 (which satisfied 2.618 target gain for put, under 5 mins chart) or go back above the trendline.
Green boxes are going to be my entry levels for long or short, guess the battle will start soon at around 12:00 GMT.
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