Gold two levels to look for a possible reversal

Updated

Gold just reached a good resistance level where we may see a bounce down. We also have another level a bit higher that look even more stronger as resistance.

Note

Hi guys!
1290 have to be broken for more downside here.

Note

1290 broken but not that strong, wait for a flag on 15 min if it holds below 1290 then sell BO of the flag.

Note

..... And action! :)

Note

Take some profit here :)

Note

And the reason i said take some profit here :)

Note

1260 see you soon :)

Note

As promised 1260 was visited ;)

Note

Did gold just make the kiss of death? that 1260 still not broken tho. If we get a 4H close below that, then we may see more down momentum her guys!

Note

1250 broken and looking good if are holding the short :)

PA-FX

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.