GOLD Right-Angled and Descending Broadening Formation

Gold has formed a Right-Angled and Descending Broadening Formation on hourly chart.

Short at CMP ($1336.5)
Target: $1325
SL: $1340.1

WE WILL LOOK FORWARD TO GO LONG ON THE 3rd TOUCH AT THE BOTTOM OF THE PATTERN.
Keep watching the space

تعليق:

If SL is hit for the short position we will reverse our position with a target of $1350

أغلقت الصفقة: تم الوصول للهدف:

SL hit for short position and reversed our position with a target of $1350.
Target hit

تعليق:

Currently observing a megaphone pattern