1711 How GOLD to continue its uptrend to 1900-1911?
Hello traders,
GOLD is facing two ways to reach 1900-1911 zone on daily chart.
It would go sideways inside the red rectangle to consolidate before new leg up to test new high.
Or
it would continue to rise in a rough way insidw a flat red channel till it hit the 1900-1911 zone.
Both ways would need you to setup in a lower timeframe chart .
The correction idea in my last idea is not valid anymore with new price action.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
GOLD is facing two ways to reach 1900-1911 zone on daily chart.
It would go sideways inside the red rectangle to consolidate before new leg up to test new high.
Or
it would continue to rise in a rough way insidw a flat red channel till it hit the 1900-1911 zone.
Both ways would need you to setup in a lower timeframe chart .
The correction idea in my last idea is not valid anymore with new price action.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
Operación cerrada: precio stop alcanzado
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Join Free Telegram Group to get MORE trading skills: t.me/FuntraderVera
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.