Timeisaflatcircle

Timeisaflatcircle Updated 

Gold has been forming a ascending triangle since beginning of 2016. It is currently sitting on support of that triangle. Note that this is a aggressive entry as it is possible support will not hold. A safer entry would be when it breaks out upwards from the triangle. I will be opening a long trade here with multiple take profits along the way. Last take profit at...

Timeisaflatcircle Updated 

Based on previous touches this support line has held 8 times when price touched it. One time it failed and took around 9 weeks to recover, the fact that price moved back above the line is more proof to me that the line is valid. Like in the past there is a reasonable chance that price will wick down maybe 5-6% and still recovers afterwards. Keep this in mind...

Timeisaflatcircle Updated 

Title

Timeisaflatcircle

Looks like a decending triangle. Any toughts?