We draw trendline using the ma5 moving average gold turn points. 1835 and 1726 are both longer term open targets. 1770 is a short term open gap.
We have two signals open
sell signal 1785
buy signal 1795
We have two signals open
sell signal 1785
buy signal 1795
Trade closed: target reached:
Both targets reached. We could go for the 1726 now or consolidate here and work towards the 1835 gap left open.
Comment:
1770 done and price also respected the channel we created using the EMA5 turns
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