Watching Gold trying to beat the Resistance / cross 2030 !
Updated
1-hour chart, Gold is trading inside a falling channel, and inside a triangle.
I think it is more inclined to test the Resistance line R, then cross at around 2030.
Above Resistance, and clear closing above 2035 for 2 candlesticks the target will be 2073 then 2140
Be ready for stop loss below support line S1 level.
I think it is more inclined to test the Resistance line R, then cross at around 2030.
Above Resistance, and clear closing above 2035 for 2 candlesticks the target will be 2073 then 2140
Be ready for stop loss below support line S1 level.
Trade active
price crossed 2030 - waiting for confirmation condition; to open long position.Trade closed: target reached
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