As you can see, the price is in the ascending triangle and that's a good thing If the triangle resistance line is broken, the price goes up
Remember that Trend is our friend and we have to hold his hand and go with it . Traders, if you like this idea or have your opinion about it, write in the comments. We will be happy
Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast
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Comentário
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Psychology and description of the ascending triangle:
Hi. First of all Its not an ascending triangle. Its a fake symmetrical triangle. Cause There is not enough contacts with lower trend. Real symmetrical triangle is over and we're in pullback right now
Bad980
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Do you think gold will pull back further next week and bounce off support around $1860? Or may bounce from where it is now? I'm only new to trading and hoping to learn. Thanks