following a flash crash early this week on Monday morning The price of gold has been on an upward trend for quite some time now.
Gold is now headed back to 1800 after breaking through resistance at 1752.
Any rejection at 1800 on a daily timeframe could provide an opportunity to short the position at least to 1770 - 1752.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
happy trading to all
Gold is now headed back to 1800 after breaking through resistance at 1752.
Any rejection at 1800 on a daily timeframe could provide an opportunity to short the position at least to 1770 - 1752.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
happy trading to all
For the time being, the trendline's resistance is holding.