A BREAK OF THE BULLISH TREND LINE would suggest a heavy dip on gold towards the 61.8% - 50.0% FIB region (PULLBACK TRADE)
Comment:
There was no break of the bullish trend line hence no SELL position was executed.
Price has broken above the resistance thus all Bearish signals are considered invalid for now as the trend is still Bullish.
NEXT STOP 1800.00
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Price has broken above the resistance thus all Bearish signals are considered invalid for now as the trend is still Bullish.
NEXT STOP 1800.00