Gold has long term been bearish and is currently in a bearish channel, on the weekly and daily.
Even though that we can see on the smaller timeframes that XAUUSD made a retracement upwards, respecting a bullish trend line, it could also possibly be peaking above 61,8% Fib-level right now.
Meanwhile we can also see a rising wedge pattern being formed (Bullish...
Oljan gav oss en entry i 50% av fair value gapet och delade ut fina 250 pips med en Risk to Reward på 1:5,5. Målet var 210 pips och en RR på 1:4,5
Trade iden delades ut till teamet på våran sunday market outlook.