Do Not be in a Hurry! the short-term downtrend line isnt broken!
confirming my last analyzes, i must ask you to avoid opening long positions yet because we are still bellow the 50days downtrend line , we need to scan our chart, tonight and maybe Monday night price action is important .
we can even sell in case of Gold price respects to mentioned trend line.
we can just open buy position if we find daily close beyond this trend line .
personally i think that gold cant break this line unless it comes down and reaches our key support zones mentioned in my last post.
we can even sell in case of Gold price respects to mentioned trend line.
we can just open buy position if we find daily close beyond this trend line .
personally i think that gold cant break this line unless it comes down and reaches our key support zones mentioned in my last post.
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