ilmscore | Prediction Details
"if price starts heading higher and we get back up to this area do I want to be a seller right here let's take a look at this so for a uptrend what happens in an uptrend in an uptrend this happens all the time every time price creates new higher highs above its previous highs it comes to a situation where there's a double top scenario so this being that double top scenario is this where you want to start trying to look for sell trades well not for me not my my logical brain will not make sense of this if we're in an uptrend and chances are we're going to continue in that uptrend if we do create a higher low then at this high is not where I'm looking for sell trades no way so with that being the case for me I'm not going to be looking for sell trades here instead I'll wait for price to break Above This level this is when I can start looking for trades after price breaks above this area right here that will be what I look for is a pullback into the area of about 268 between that and 244 bucks"
By The Trading Channel (The Trading Channel) | April 20, 2022 | Pending
From video
SIMPLE Price Action Trading Strategy For All Markets - The Professional Approach 00:22:56 - 00:24:04
Interpreted Prediction
For Gold, if price breaks above the current resistance, a pullback into the area between 268 and 244 will be looked at for possible entries.

Prediction Details

Ticker
XAUUSD
Initial Price
1,950.98 USD

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