H1 &H4 TIMEFRAME
Gold is on Rising channel upto 3400 mark ! AS I'm already holding my sell trade frim 3338 with sl at Breakeven after 70% closed half lots.
BEARISH scanario:
if the candle closes below 3320 support area ,then target will be 3300 in first round then 3280 milestone. Where we have again buying opportunities upto 3400.
BULLISH Scenario
On the other hand, candle closes above 3330-3335 Bos then this Rising will be again active and have again momentum towards 3380 then 3405 on mark.
Gold is on Rising channel upto 3400 mark ! AS I'm already holding my sell trade frim 3338 with sl at Breakeven after 70% closed half lots.
BEARISH scanario:
if the candle closes below 3320 support area ,then target will be 3300 in first round then 3280 milestone. Where we have again buying opportunities upto 3400.
BULLISH Scenario
On the other hand, candle closes above 3330-3335 Bos then this Rising will be again active and have again momentum towards 3380 then 3405 on mark.
Related publications
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.
Related publications
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.