Wait before entering. We are now reaching support. Enter Sell after breakout for extra safety.
Wait for a breakout of the descending triangle before entering a sell.
See previous analysis for explanation.
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Gold is currently ranging and therefore we don't have any indications of buys nor sells. Target values for both sells and buys can be seen in analysis.
GOLD 1H Chart: - Double Top Formation; - Resistance; - Waiting for Bearish confirmation; Cons: - Bullish Trend
1H Chart. Ascending Channel. Good Place to Buy.
Waiting for a small pullback to enter SELL trade.