Gold is currently in an ascending channel. 1800 seems to be a very important resistance. A breakout will signify a more bullish impulse. However, we will close our long position at the current resistance level and patiently wait for the breakout. God Reward to Risk Ratio Risk management. NFA
In times like this, I would prefer to go long on this pair considering the bullish momentum. Wait for a retrace and take long positions at near support levels. The cloud is green, we long till we see a thick red cloud.
I'm extremely bullish on this pair for many fundamental reasons. Technically, we have a super buy scenario on this chart. It would be interesting to follow this trend until we get another super-sell scenario. Please watch closely, it would be exhilarating.
I'm quickly becoming a fan of this robot. The signals are super precise and super amazing. I'm adding this to my watchlist. BTC is still bullish as we can see. I expect massive bullish movement in the coming weeks. I'm going to leave all my long positions open till ATH.