GOLD WAS A DOUBLE TOP PREVIOUSLY - MAY GO FOR TRIPLE TOP OR BREAK TO MAKE A NEW HIGH ---- WHICH CAUSES THE DOLLAR TO FALL ---- The bullish momentum suggest a VERY STRONG move to break the previous High of the first leg of the double top......... BUY the GOLD MCX:GOLD1!
Is this the reversal to the up side for the whole week, to test the monthly resistance
continuation bullish pattern . the market may move up with momentum to the descending trendline either to test the pattern trend line or break
monthly continuation pattern identified ...........which we may see a strong buy move to the upside to go for the second test of the trendline
BUT THIS WEEK..ITS A SELLING WEEK theres a lot of selling power, as it breaks or take out the previous lower low
I LOVE THESE PAIR...DAY CANDLE SHOWED BULLISH MOVEMENT YESTERDAY....SO HERE WE GO...ENTRIES ON BOUNCES GET THAT PROFIT..DONT RACE WITH THE MARKET, IT WILL STRANGLE U....
WILL BE LOOKING AT MY TRADE OPPORTUNITIES THERE, WHAT ARE YOUR THOUGHTS