Strong support broken after 'M' formation. Retesting for another possible move down
Patience proves to be the key once again, check the nice daily rejection. Push down very evident
Looking for the trend to continue upwards after perfect retracement
Looking for a great 150+ pip move. A little more retracement and all in for a sniper entry.
Still convinced we are about to see bullish movements. Possible double bottom being formed to begin real uptrend. My stop loss was almost hit!
The head and shoulders formation is almost complete, time to look at shorts.
I believe its going for another push down after a clear break and retest of structure.
At the 61.8 fb retracement, bullish movement imminent.
Patiently wait to see if this was a fake break out. If we have a daily candle closing above area, expect bullish move.
Wait for more bullish momentum to show. RISK MANAGEMENT is crucial with gold. Corona virus also making gold a safe haven.