Shalom Wadu Community,
In this Video we are taking a quick look/analysis on the Price Action of Gold! We Are Still trading under a massive resistance trendline where we do expect sellers to come in around the 1920-1940 Area. As of now and within the past 2 weeks we have been trading inside of a channel. Currently we are at the bottom of the channel , and are looking for at least possibly 200 pips up to test the top of the channel as well as the heavy resistance down trendline. This is a very important time for Gold. Overall I am BEARISH until Gold breaks above 1940's with Nice Volume on an Impulse Move
In this Video we are taking a quick look/analysis on the Price Action of Gold! We Are Still trading under a massive resistance trendline where we do expect sellers to come in around the 1920-1940 Area. As of now and within the past 2 weeks we have been trading inside of a channel. Currently we are at the bottom of the channel , and are looking for at least possibly 200 pips up to test the top of the channel as well as the heavy resistance down trendline. This is a very important time for Gold. Overall I am BEARISH until Gold breaks above 1940's with Nice Volume on an Impulse Move
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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.
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.