Gold is at a pivotal area which could determine the next big move for Gold. We are approaching the high value area where it would be ideal to take SHORT as there are multiple confluences, which back our reasons for going short.
IF we do break the trendline, we can easily flip our bias to buys.
See chart below for lower timeframe analysis for confirmation for shorts.
Goodluck and trade safe!
IF we do break the trendline, we can easily flip our bias to buys.
See chart below for lower timeframe analysis for confirmation for shorts.
Goodluck and trade safe!
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Safe entry after break of the ascending trendline