GOLD BEARS IN CONTROL!
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.
QUICK UPDATE FOR GOLD!
As we can see price broke below our major swing low and bears took over again! As we mentioned in the previous Top-down Analysis.
Meanwhile, and for now price is trading inside this falling channel rejecting our lower support zone!
Then as the price will be approaching our upper falling trendline, we will be zooming in lower to be looking for new bearish movements as a new impulse wave.
Unless price managed to trade lower to be testing our support one more time, Then we will be looking for new bullish movements.
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.
QUICK UPDATE FOR GOLD!
As we can see price broke below our major swing low and bears took over again! As we mentioned in the previous Top-down Analysis.
Meanwhile, and for now price is trading inside this falling channel rejecting our lower support zone!
Then as the price will be approaching our upper falling trendline, we will be zooming in lower to be looking for new bearish movements as a new impulse wave.
Unless price managed to trade lower to be testing our support one more time, Then we will be looking for new bullish movements.
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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