Hey folks,
a triangle pattern has formed on GOLD and froze right in the last hour of previous trade week :).
Previously, we bounced on a higher time frame resistance leading to bearish cross overs on higher time frame oscillators.
If the breakout is gonna happen and is directed downwards a nice profit might be in!
If breaking out updwards, we can still take the profit!
Enjoy,
Cheers!
a triangle pattern has formed on GOLD and froze right in the last hour of previous trade week :).
Previously, we bounced on a higher time frame resistance leading to bearish cross overs on higher time frame oscillators.
If the breakout is gonna happen and is directed downwards a nice profit might be in!
If breaking out updwards, we can still take the profit!
Enjoy,
Cheers!