Wolf_of_Trading

TrendFollowerStrategy for GOLD

OANDA:XAUUSD   Guld / USA-dollar
We have drawn the support and resistance trendlines for GOLD. The inside of this triangle is the scalping region and when the triangle is broken, a new trend is expected. Red colored fibonacci levels work as support, purple colored fibonacci levels work as resistance and I will share update when the break comes, please stay tuned.

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DISCLAIMER: This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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