Gold has moved as we have predicted in our previous analyses, breaking above it's former resistance.
Gold is now trading within a range, looking to breakout again in either direction.
As Gold is currently in an uptrend, and tested Major Support below, we believe it is more probable for Gold to breakout upwards, continuing it's current trend towards Major Resistance.
Trade ideas:
Trade a breakout from current range
Trade long with SL below current range
Gold is now trading within a range, looking to breakout again in either direction.
As Gold is currently in an uptrend, and tested Major Support below, we believe it is more probable for Gold to breakout upwards, continuing it's current trend towards Major Resistance.
Trade ideas:
Trade a breakout from current range
Trade long with SL below current range
