As consolidations go towards the end, direction should be clear

Atualizado
For the past week, the consolidation has made it clear that if Gold choose to break up, the 1800 neighborhood WILL NOT HOLD.
I put my bet on the long as this week passes by.
You can see my logic from the chart.

Plan B: if gold chooses to break down, a breakout trade shall be in place.
Nota
watch out closely for breakout, more importantly, validation.
Nota
price broke up, targeting for 1810, 1820
Nota
let's see if it breaks 1823, if it does, the target area will be 1830.
Nota
still holding my positions, if price rip through 1830, then 1840, 1847
Trade fechado: objetivo atingido
Chart Patternsconsolidation-breakoutGoldTrend AnalysisWave Analysis

Aviso legal