GOLD APPROCHING WHAT!
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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.
WHAT'S NEXT FOR GOLD!
As we clearly see price is overall bullish from a medium-term perspective
And as we can see price is trading inside this channel making clean higher highs and higher lows
However, we are approaching a massive resistance zone!
Where we will be searching for new bearish reversal
For the bears to kick in we need a break below this major swing low then a bearish movement would be expected
Unless price managed to trade higher, then this resistance will return to be a support 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.
WHAT'S NEXT FOR GOLD!
As we clearly see price is overall bullish from a medium-term perspective
And as we can see price is trading inside this channel making clean higher highs and higher lows
However, we are approaching a massive resistance zone!
Where we will be searching for new bearish reversal
For the bears to kick in we need a break below this major swing low then a bearish movement would be expected
Unless price managed to trade higher, then this resistance will return to be a support 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!
Note
See you there: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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