Hello everyone before explaining my vision on gold I ask everyone to leave me a like, a comment and to start following me for other interesting setups like this ... thank you very much.
The market entries in medium-long term gold trading will be made by following the simple reasoning of breaking a trendline.
In the graph above we see a red and a green trendlines.
Depending on your market view, I ask the reader to focus on the red trendline (which represents my short view) or the green trendline (which represents my long view).
For a long entry I will wait for the price to break the green trendline, I will only enter the retest .... on the chart I have also reported the potential take profit (green lines).
For a short entry I will wait for the red trendline to break, if there is I will only enter the price retest towards the trendline ..... on the chart I have also reported the potential take profit (red lines).
This is my medium-long term vision.
Ernesto. Sorry for my english.
The market entries in medium-long term gold trading will be made by following the simple reasoning of breaking a trendline.
In the graph above we see a red and a green trendlines.
Depending on your market view, I ask the reader to focus on the red trendline (which represents my short view) or the green trendline (which represents my long view).
For a long entry I will wait for the price to break the green trendline, I will only enter the retest .... on the chart I have also reported the potential take profit (green lines).
For a short entry I will wait for the red trendline to break, if there is I will only enter the price retest towards the trendline ..... on the chart I have also reported the potential take profit (red lines).
This is my medium-long term vision.
Ernesto. Sorry for my english.