NEXT MOVE FOR GOLD !
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, as we mentioned last time when we were around a resistance, we were waiting for the bears to take over by breaking below the marked low right!
Then we traded lower
So for now, we are retesting the resistance zone speculating a new bearish movement as before
For now, price is trading inside this channel and approaching our resistance zone
For the bears to kick in we need a new swing low to form around the trendline then a break
Until that happens, we can still trade higher and higher before reversal
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, as we mentioned last time when we were around a resistance, we were waiting for the bears to take over by breaking below the marked low right!
Then we traded lower
So for now, we are retesting the resistance zone speculating a new bearish movement as before
For now, price is trading inside this channel and approaching our resistance zone
For the bears to kick in we need a new swing low to form around the trendline then a break
Until that happens, we can still trade higher and higher before reversal
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
t.me/Snipers_F_x
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.