XAUUSD > Possible Head and Shoulders!!
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Update of #GOLD
Hello friends.
The gold market finding resistance near 1740. I am only interested in buying this market, and here is why?
The market found much buying pressure below 1700 and started to form what could be ahead and shoulder pattern, and I think it will take a lot for traders to push back this market below 1700.
Full disclosure I am in a buy trade and now in a good profit and still holding the trade and I am planning to add if the following happens!!
IF the maker closes above 1740 with strong momentum, that will open the door for 1750 then 1790, so I will look for trend continuation entry to target hose levels.
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
Update of #GOLD
Hello friends.
The gold market finding resistance near 1740. I am only interested in buying this market, and here is why?
The market found much buying pressure below 1700 and started to form what could be ahead and shoulder pattern, and I think it will take a lot for traders to push back this market below 1700.
Full disclosure I am in a buy trade and now in a good profit and still holding the trade and I am planning to add if the following happens!!
IF the maker closes above 1740 with strong momentum, that will open the door for 1750 then 1790, so I will look for trend continuation entry to target hose levels.
Safe trading everyone
Check today analysis below⠀
>>There is no single market secret to discover, no single correct way to trade the markets. Those seeking the one true answer to the markets haven’t even gotten as far as asking the right question, let alone getting the right answer.
Jack Schwager – Author of Market Wizards
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
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