Technical Long Entry on Gold
As per my previous ideas on gold, we now have a technical entry with a retest and resumption on the 8hr candles.
I don't like the chances of going straight up from here, but I've taken a small position anyway. My stop loss is also tight at 1806. If we go up from here it should be fairly strong.
A better entry will be either after a wick down to the lower trendline or a retest and resumption up of the closest overhead resistance.
Previous Published Idea:
Please consider donating a few Gwei if you enjoy my charts and find them helpful :) 0xf611624408DB83923979Fc2cBd88D6965594fb31
I don't like the chances of going straight up from here, but I've taken a small position anyway. My stop loss is also tight at 1806. If we go up from here it should be fairly strong.
A better entry will be either after a wick down to the lower trendline or a retest and resumption up of the closest overhead resistance.
Previous Published Idea:
Please consider donating a few Gwei if you enjoy my charts and find them helpful :) 0xf611624408DB83923979Fc2cBd88D6965594fb31
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