LOOKING FOR GOLD TO BREAK OUT BELOW THIS TRIANGLE FORMATION DUE TO BIG PUSH ALL WEEK AND NEEDING TO PULL BACK ON THE LARGER TIME FRAMES.
THE MACD IS ALSO BROKE FROM POSITIVE TO NEGATIVE AND THEN PULLED UP AND NOW STARTING TO CURL BACK DOWN AND THE 8 EMA IS BELOW THE 21 EMA STILL
ENTRY IS AROUND 1498
SL 30 PIPS AT 1501 WHICH IS PREVIOUS WICK HIGH AT THE TRENDLINE
TAKE PROFIT 1491 FOR 70 PIPS
THE MACD IS ALSO BROKE FROM POSITIVE TO NEGATIVE AND THEN PULLED UP AND NOW STARTING TO CURL BACK DOWN AND THE 8 EMA IS BELOW THE 21 EMA STILL
ENTRY IS AROUND 1498
SL 30 PIPS AT 1501 WHICH IS PREVIOUS WICK HIGH AT THE TRENDLINE
TAKE PROFIT 1491 FOR 70 PIPS