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 GOT STUCK!! đź“š
👉As we can see price is still overall bullish from a long-term perspective, trading inside this rising broadening wedge pattern.
👉Moreover, and from a medium-term perspective, price got stuck recently inside the marked zones range, Meanwhile, we will be trading this range looking for new shorts around the upper bound 2450, unless price managed to trade again lower, then, we will be interested in looking for new longs around the lower bound.
👉Unless the price breaks above or below the designated zone, a movement in the corresponding direction (higher or lower) can be anticipated based on the direction of the break. 📚
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.
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.