-> Gold has been in a very strong bullish movement, mostly due to the conflict in the EU. However the price is hitting Weekly and daily resistance zones, and it has moved impulsively from it.
-> On the 4H time frame market has formed an ascending channel and broke out, on the LTF another ascending channel was formed and broke indicating that further downside is to come.
-> With that said, I will be looking for another correction continuation pattern before I get into a trade.
-> On the 4H time frame market has formed an ascending channel and broke out, on the LTF another ascending channel was formed and broke indicating that further downside is to come.
-> With that said, I will be looking for another correction continuation pattern before I get into a trade.