GOLD is still in the bullish trend for continuation.
How you can trade on this chart.
1. Watch bottom for price actin and look for buy and watch for the breakout and continuation for more upside. Bottom has not formed yet so price can get bit lower before rising. Dont get in too early get in after watching price action at bottom.
Or
2. Watch for the breakout and go long.
In case price breaks the trend line we will watch for the change the pattern and we will look for long again.
what do you think about weekly charts ? seems like price got rejected nice off 1295.00. weekly shows a bearish candle so far. I also have 1282.00 as one of my zones for buyers to come in and look to trade the range of 1282 and 1295.
pring
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I advise other people tradingview community to stay connected with you. Great