Trend line analysis - quick long, track the descending channel for possible continuation or breakout.
Two trend lines boundaries, wait confirmation to set short position
Retesting a trend line established since June 4th, wait for confirmation to set long position (2hr timeframe). Without candlestick confirmation, there is a possibility of a breakdown below the trend line as risk increases with the Gold bubble.
Long and short position setup based on trend line analysis and candle stick confirmations.
Retesting two trend lines with candlestick confirmation to set quick short positions within the ascending channel.
Waiting confirmation for the retest of trend line and strong bearish candle movement for short setup. Possible breakout above resistance line
Watchlist waiting a confirmation for a bounce down from the trend line to set short position or breakout to establish a new upward trend
Confirmation for long positions, tracking to two trend lines for profit set up.