Expecting USD to eat shit with all the new coronavirus related travel bans and event cancelations. Double top as well.
Amid COVID-19 continuing to progress, once it takes a hold on europe and eastern asia, gold should rocket.
Waiting for it to break the floor and retest back to the resistance before taking an entry. Alternate entry would be a break outside the triangle towards the upside. Awaiting news release.
Looking for a short entry position on the break of the 200ma on the 1hr timeframe.
Ods are too good not to take it. 5-10 pip stop loss.
quick short on usoil incase you missed my private post at 58.50
Wait for price to break and retest this point before entering into a long position.
Triple top rejection on strong resistance on the day chart