Gold has been trending down in the newly formed up trend channel and looking into the new rise today, it's trying to consolidate itself into a falling wedge, at the moment it seems to be at stage of building a falling wedge in 30mins chart, and the price has just reached to a level close to the lower edge.
I have put in a long trade 1809.64 with just tiny SL at 1808.57.
RISKY - but high reward. :)
SL: 1808.57
TP: Aiming high at 1820; but it's fib based, so be responsible to your own risks and money management.
GL
I have put in a long trade 1809.64 with just tiny SL at 1808.57.
RISKY - but high reward. :)
SL: 1808.57
TP: Aiming high at 1820; but it's fib based, so be responsible to your own risks and money management.
GL