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WHAT'S NEXT FOR GOLD
Gold Spot / U.S. Dollar
WHAT'S NEXT FOR GOLD
By Hadi_karaali
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Oct 4, 2023
5
Oct 4, 2023
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.
GOLD Bulls to take over!
As we mentioned in the previous video analysis attached on the chart,
Price is approaching a massive support zone from daily time frame, where we will be looking for new longs.
Meanwhile, for the bulls to kick in and prove control, we need a break above the marked major swing high, then a movement higher would be expected.
And as usual 1-2 Risk to reward ratio from a risk management perspective.
Until that happens, price is still overall bearish, and price can still trade lower before reversal.
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!
Chart Patterns
Support and Resistance
Trend Analysis
Hadi_karaali
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t.me/Snipers_F_x
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