Hey traders,
here is my multi-timeframe analysis on gold:
Base on #Divergence, #Gold is going to get ready for a Bullish trend.
An other hand the market operators know that every on is getting a Long position, and what can they do for more profit?
Yes, hunt the Stops Loss and then go up.
So we can wait, and when price is near 1771 - 1793 area get a Long position.
This will give us a good Risk/Reward (8% as you can see) and we can get good profit from this chance.
I hope that all of we can use this chance.
Good luck!
here is my multi-timeframe analysis on gold:
Base on #Divergence, #Gold is going to get ready for a Bullish trend.
An other hand the market operators know that every on is getting a Long position, and what can they do for more profit?
Yes, hunt the Stops Loss and then go up.
So we can wait, and when price is near 1771 - 1793 area get a Long position.
This will give us a good Risk/Reward (8% as you can see) and we can get good profit from this chance.
I hope that all of we can use this chance.
Good luck!