we have a critical area to hold above the 0.065$, if we hold above that support we going to see huge bullish momentum till the breakout zone the 0.11$ if we break it we going to see another pump for 2 profit taking first around the 15 cent and the second around the 22 cent.
on the other hand if we broke below our ascending line , we going to have double bottom...
GOLD banked nicely from a trade entered last week on the 15M time frame.
Also another trade since then (buy) which has just closed and banked circa 1% with a new sell trade just being printed
Details are on the chart. we work to TP3 or close on the reverse signal printing. Please use your risk management.
Every trade is detailed below in the strategy tester...