Using the triple trap strategy, these are opportunities I see for this pair. Currently Gold might be reversing since it rejected a strong zone and started falling down. waiting to see if it rejects strongly at the zone, breaks the channel and 50 SMA. If not then waiting for trendline break and retest to the zone for buys.
the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline)
the triple trap strategy is trapping price between a channel, SNR and a possible trendline opposite to channel. In this way we can predict the next movement of the price by seeing the price respecting either one of the traps( a channel, SNR and a possible trendline)
