Hello Everyone. i want share my idea and signal about gold for next week.
after big bearish movements we saw strong bullish movements but that movement at high timeframe weaker than bearish, in my opinion that gave me correction signal and now i will try follow trend, for that i used Fibonacci tool which showing me the best entry points for follow trend at low timeframe.
Open position - 1915.5
Take Profit - N/A ( I will follow movement with trail stop )
Stop loss - 1920.00
We left some strong supports for brake but bearish trend is strong and i think it can brake that support Levels.
Be Patient!!! Manage your Risk!!!
after big bearish movements we saw strong bullish movements but that movement at high timeframe weaker than bearish, in my opinion that gave me correction signal and now i will try follow trend, for that i used Fibonacci tool which showing me the best entry points for follow trend at low timeframe.
Open position - 1915.5
Take Profit - N/A ( I will follow movement with trail stop )
Stop loss - 1920.00
We left some strong supports for brake but bearish trend is strong and i think it can brake that support Levels.
Be Patient!!! Manage your Risk!!!
