Last week we took a look at a potential bullish Head & Shoulders pattern setting up on Gold. The market proceeded to fulfill that prediction so of course the question now is "What's Next?"
COUNTERTREND TRADERS
I would look for a push up into a next level of previous structure resistance as that looks to be the next place in which the buying pressure may run out of steam.
TREND TRADERS
I would look for a retracement back into previous structure and look to buy the dip in advance of the level mentioned above.
Akil
COUNTERTREND TRADERS
I would look for a push up into a next level of previous structure resistance as that looks to be the next place in which the buying pressure may run out of steam.
TREND TRADERS
I would look for a retracement back into previous structure and look to buy the dip in advance of the level mentioned above.
Akil
"The Trading Coach Podcast" - Available on your favorite podcasting app!
anchor.fm/thetradingcoachpodcast
Check out the "Shorts" section of my YouTube Channel for Quick Daily Trading Tips - www.youtube.com/@AkilStokes/shorts
anchor.fm/thetradingcoachpodcast
Check out the "Shorts" section of my YouTube Channel for Quick Daily Trading Tips - www.youtube.com/@AkilStokes/shorts