1) WAIT BEVORE WE CAN TALK ABOUT THE NEXT STEP
2) First - Gold must break through the resistance zone. Gold must break this zone.
3) If Gold breaks this zone and 1.250 it will go up BULLISH
4) If Gold stops in this zone at 1.238 - 1245 or does not break 1.250 than this will be (B) !!
5) AT (B) Gold will come back. Maybe to (C) 1.200 - 1197 !!
I am holding my long positions bought at 1.172 (1.0 contract) and 1.136 (0,5 contract)
If gold will not break 1.250 I will hedge my 0,5 contract bought at 1.236 2 weeks ago.
2) First - Gold must break through the resistance zone. Gold must break this zone.
3) If Gold breaks this zone and 1.250 it will go up BULLISH
4) If Gold stops in this zone at 1.238 - 1245 or does not break 1.250 than this will be (B) !!
5) AT (B) Gold will come back. Maybe to (C) 1.200 - 1197 !!
I am holding my long positions bought at 1.172 (1.0 contract) and 1.136 (0,5 contract)
If gold will not break 1.250 I will hedge my 0,5 contract bought at 1.236 2 weeks ago.