Gold has been dropping significantly by marginal gains, its been a tight spot between the $1931 and $1922 region however we see a bullish Adam and Eve pattern which is simply a double bottom type of Price Action setup indicating that bears are burning out gradually,.. I am using this setup as an entry strategy in the 15mins timeframe,..so wait for a break and close above structure zone which doubles as the neckline then long the market.
As always, dont dive without a jumpsuit,. manage your risk. Good day ahead!
TP1 1943.17
TP2 1954.28
SL 1922.71
As always, dont dive without a jumpsuit,. manage your risk. Good day ahead!
TP1 1943.17
TP2 1954.28
SL 1922.71
Trade closed: stop reached