GOLD on the 4h chart after the test of the recent high retraced over the weekly support at the 0.786 Fibonacci over the 1980 zone.
A break of the weekly resistance indicates that the bullish pressure has increased and a possible break over the 2050 area can happen.
How can i approach this scenario?
According to Plancton's strategy IF the market will break above we will check the opportunity for a nice long order.
A break of the weekly resistance indicates that the bullish pressure has increased and a possible break over the 2050 area can happen.
How can i approach this scenario?
According to Plancton's strategy IF the market will break above we will check the opportunity for a nice long order.
Comment:
waiting for a break
Comment:
still waiting for a break of the resistance
Comment:
possible new recent high soon
