GOLD AROUND A MASSIVE RESISTANCE!

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.

WHAT ARE WE WAITING FOR GOLD!

Price is diving inside our resistance zone 2000_2050.

And as we mentioned before multiple times, price is still overall bullish from a short-term perspective.

In addition, price is overall bullish from a short-term perspective trading inside this channel, and for the bears to kick in we need a new swing low to be formed around the rising trendline then a break.

Or a break immediately below the marked swing low, with invalidation of the rising trendline, then yes the bears can kick in from a short-term.


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.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

Telegram channel:

t.me/Snipers_F_x
Also on:

Disclaimer