GOLD BEARISH TREND, END OF THE RETRACEMENT WITH EVENING STAR ?!
As you can see easily we expect from gold to go for new lows,
reject from important resistance with crazy EVENING STAR PATTERN, which is one the best reversal trend patterns in candel stick analysis,
time frame : 2H
stop loss : proteced by
1. lvl 50 fibonachi retracement
2. important supply area
3. important bearish candel stick pattern
4. important 20 EMA for gold in this downtrend
tp1: 1846
tp2 : 1818
reject from important resistance with crazy EVENING STAR PATTERN, which is one the best reversal trend patterns in candel stick analysis,
time frame : 2H
stop loss : proteced by
1. lvl 50 fibonachi retracement
2. important supply area
3. important bearish candel stick pattern
4. important 20 EMA for gold in this downtrend
tp1: 1846
tp2 : 1818
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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.