Cabana Capitals Blog Forex Broker Major Breakouts on the Cards: Every day is not for trading

Major Breakouts on the Cards: Every day is not for trading

Major Breakouts on the Cards: Every day is not for trading post thumbnail image

GOLD:-   

The hourly along with daily chart showing tug of war between bulls and bears but no one is coming up with results as we can see that a short term symmetric triangle on 4 hourly and hourly chart and a pennant pattern on daily chart suggests us to neutral view and to stay away from the range of 1690 to 1723 level and a valid breakout on either side will also give us new signal.  So some time trading need patience every time is not for trading!!

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