Gold Analysis: Gold price bounces back after the fake breakou | Forex GDP

Gold Analysis:

Gold price bounces back after the fake breakout in the 1-hour timeframe chart. The candle has closed above the previous big bear candle. this confirms the market has made a fake breakout.

How to find reversals in the fake breakout candles? Watch here the small video:



How to trade the fake breakouts - entry and exits? check here: https://www.forexgdp.com/money-management-in-forex-trading/#entryexit