Hello traders,
What about Gold Future!!
Let’s assume that GC is taking an upward trend since 5 June. However, GC has broken that line trend down, and it is going again to the previous trading range.
Now, we have signs that GC will increase again (this is for intraday trading) and try to reach level L1, and could break it and reach the trend line.
If these thresholds aren’t reached, we sell at the first red volume and red candle and take profit.
What about Gold Future!!
Let’s assume that GC is taking an upward trend since 5 June. However, GC has broken that line trend down, and it is going again to the previous trading range.
Now, we have signs that GC will increase again (this is for intraday trading) and try to reach level L1, and could break it and reach the trend line.
If these thresholds aren’t reached, we sell at the first red volume and red candle and take profit.
Comment:
The Gold Future has increased, and has broken the line trend as we expect.