In Gold we trust, don't get the euphoria feeling, be patient.

1 de jun. de 2021

Longterm Weekly timeframe analysis a bradda.

- After a bullish impulse we went to a corrective phase.
- We went into a decending channel we received 3 touches and it broke out to to the upside.
- We have broken our decending trendline impulsive.

Now what?
- I expect the price to come down, we have a IC candle, at least we will go to 1790.00 or even bit more down see the blue box.
- We had a pattern with in a pattern a inv.h&s wich is uncompleted we are waiting for shoulder 2 also at the blue zone as known as our buy zone

Only then i will look for a long set-up, for now don't be a speedy gonzalezzz.... have patience.