UJ broke through the trend line on the 1-hour chart. I am looking for a pullback to the nearest support level to buy with a potential R: R = 3
Got a sell earlier today on a break and re-test of the previous support turned resistance. let's go with the wave!
I'm looking for correction downward after reaching upper trend line and an impulsive move to the upside after the re-test. Please comment your ideas for me. short term sell long term buy
Gold is going to consolidate after the previous push to the upside and almost broke the last high level in h1 chart. In retracement, level 61.8 of Fibonacci is aligned perfectly whit a support level (both technical and psychological) 1900$. So in my opinion it's a very good opportunity to buy gold at this point.