Gold analysis update by David.
The analysis of gold market on the 30-mints frame is based on the some tools, which is trend line and liquidity areas. Overall the gold have been falling again after growing from 3202.00 to 3433.00.
After the reaching 3433.00 gold is continuously falling with Higher low and lower low position’s. The line denoted with ($$) have a main role, that is work as resistance.
The possibility of sell layer’s are 3330.00, 3360.00. The green arrow is highlighting the trade direction. The sell side liquidity (SSL) is last zone of sell.
Trade setup:
Sell entry; 3330.00 to 3360.00
Target’s; 3292, 3260, 3205.
Stop loss; 3376.00
It’s just for educational and practice.
That’s all about in my mind, What you think about “GOLD”, write in comment below.
Kindly ☺️Like to support.
The analysis of gold market on the 30-mints frame is based on the some tools, which is trend line and liquidity areas. Overall the gold have been falling again after growing from 3202.00 to 3433.00.
After the reaching 3433.00 gold is continuously falling with Higher low and lower low position’s. The line denoted with ($$) have a main role, that is work as resistance.
The possibility of sell layer’s are 3330.00, 3360.00. The green arrow is highlighting the trade direction. The sell side liquidity (SSL) is last zone of sell.
Trade setup:
Sell entry; 3330.00 to 3360.00
Target’s; 3292, 3260, 3205.
Stop loss; 3376.00
It’s just for educational and practice.
That’s all about in my mind, What you think about “GOLD”, write in comment below.
Kindly ☺️Like to support.
Trade active
Use proper risk/reward management. Trade closed: target reached
congratulation.
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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.