Gold Spot / U.S. Dollar
Short

GOLD ( UNDER DOWNWARD PRESSURE ) ( 4 H )

216
XAUUSD

HELLO TRADERS

YESTERDAY : as mentioned , a bullish trend it can be rising +160 pip

TODAY : the price is under bearish trend , until trading below 2,343 $

  • Tendency the price is under bearish pressure at 2,343 $

  • FVG : The FVG between 2,343 $ and 2,327 $ , so as long as the price bellow FVG , there will be a bearish trend

  • BEARISH ORDER BLOCK : Breaking FVG at 2,343 $ , the price will attempt to 2,371$ , and braking Order block at 2,386 the price created upward structure

  • BULLISH ORDER BLOCK : Breaking FVG at 2,327 $ , the price will attempt to 2,300$ , and braking Order block at 2,288 the price created downward structure

  • resistance level : trade above 2,343$ , the price will attempt to 2,360$ , and stable this level it will reach to 2,371 $

  • support level : the price trade below FVG at 2,327$ , the price will reach the support level of 2,300$ and 2,288 $

  • corrective level : price will attempt 2,320$ , correct itself before long

I HOPE YOU A PROFITABLE DAY

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