GOLD CRITICAL DECISION
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD QUICK UPDATE 📚
👉Price is still sitting around a massive resistance zone, where we are still interested in looking for new bearish movements, Meanwhile, from a medium term, price is trading inside this rising channel, and price is sitting around a great supply zone, lining up with the upper bound of this channel.
👉Then what's next!?
Price is still bullish from a short term, and for the bears to kick in we need a break below the marked swing low by a momentum candle close below on M30 TF, then a movement lower would be expected.
Until that happens, price is still bullish and price can still trade higher to dive inside our resistance zone. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD QUICK UPDATE 📚
👉Price is still sitting around a massive resistance zone, where we are still interested in looking for new bearish movements, Meanwhile, from a medium term, price is trading inside this rising channel, and price is sitting around a great supply zone, lining up with the upper bound of this channel.
👉Then what's next!?
Price is still bullish from a short term, and for the bears to kick in we need a break below the marked swing low by a momentum candle close below on M30 TF, then a movement lower would be expected.
Until that happens, price is still bullish and price can still trade higher to dive inside our resistance zone. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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