I post my trading analysis here for educational purpose which includes my trading setups based on Trend from structural pivots, trend lines, RSI and other technical analysis tools.
So stay tuned, happy reading and trading.
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Thursday, 15 December 2011
Gold 5 minute- 15th dec,Short mode resumed
Gold is in down trend, we saw some up move and meanwhile a fractal pivot low formed, as shown in the chart above.
Gold knocking the trend line from the fractal pivot low so again keeping it on watch list for short trade, same technique ie trade below the pivot low closing below the trend line.
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