Gold needs to do a retest on either:
1. the POC line
or
2. The upper white line which is also the upper part of the descending channel
It reached the two main goals of the red abcd
and we have a bigger blue abcd now which is in play and has enormous targets above
Also, we have a double bottom which will be activated above the green line as mentioned on the chart.
The key here is to stay above the white area
All the best insha Allah!
1. the POC line
or
2. The upper white line which is also the upper part of the descending channel
It reached the two main goals of the red abcd
and we have a bigger blue abcd now which is in play and has enormous targets above
Also, we have a double bottom which will be activated above the green line as mentioned on the chart.
The key here is to stay above the white area
All the best insha Allah!
Trade closed: target reached
Trade active
I draw charts according to Volume 🔰
📌 Disclaimer: I do my best, but the market's unpredictability is a constant reminder of its untamed nature. Trade wisely and manage your risk. 🛡️
📌 Disclaimer: I do my best, but the market's unpredictability is a constant reminder of its untamed nature. Trade wisely and manage your risk. 🛡️