wuweitrader

wuweitrader

This is a further view of the earlier post, but with my trades marked in

wuweitrader

Nice setup occuring!

wuweitrader

I don't trade Gold, but thought it might be a nice exercise to map it out. These are my thoughts for now. Let's see how things develop and play out.

wuweitrader

Are whales hanging out here? (not taking any position yet)

wuweitrader

what i am seeing now

wuweitrader

There's a lot here. Price is showing strength, taking out swing highs. The test of the lower parallel had beautiful separation. We'll be looking for a re-test of the lower parallel for a possible entry (we'll decide then if we take it straight or wait for a test and a re-test).

wuweitrader

Larger target is the upper parallel

wuweitrader

classic Andrew's action/re-action lines target moved to 1.3070