Hey traders , just a few details about what i can see play out .
currently gold has broken the daily trend with a strong push closed above the trend but at the same time that song push close the uptrend paten and right now we have a couple of indecision which indicate a possible correction so at this point there is two possibility:
- we going to continue the uptrend after the retest of the daily trend line at the price indicate in the chat "key zone "
- we going to follow the uptrend paten by going down as indicated in the chat . for this one to play out we need to see the price going below the daily trend line with a strong indication of a down movement .
so i will be waiting on the key level to see how the price is going to play out then i will act on it .
THANKS I HOPE YOU GET MY POINT .
currently gold has broken the daily trend with a strong push closed above the trend but at the same time that song push close the uptrend paten and right now we have a couple of indecision which indicate a possible correction so at this point there is two possibility:
- we going to continue the uptrend after the retest of the daily trend line at the price indicate in the chat "key zone "
- we going to follow the uptrend paten by going down as indicated in the chat . for this one to play out we need to see the price going below the daily trend line with a strong indication of a down movement .
so i will be waiting on the key level to see how the price is going to play out then i will act on it .
THANKS I HOPE YOU GET MY POINT .
