Watch the weekly Episode multitime detailed analysis why we're heading to bearish cycle.
What possible scenario we have?
Bullish scanario:
Currently market Is below the 3320 ,I'm expecting opening of market will rise Gold upto 3350-60 area which will be almost 400 pips.
Additionally if market again surpass 3360-3370 then ready for the next new ATH above 3500.
Bearish Scenario:
On the other hand, 3360-70 multiple rejection resistance cluster, where we have to wait for the candle closing below for selling opportunity towards 3250 for intraday target.
What possible scenario we have?
Bullish scanario:
Currently market Is below the 3320 ,I'm expecting opening of market will rise Gold upto 3350-60 area which will be almost 400 pips.
Additionally if market again surpass 3360-3370 then ready for the next new ATH above 3500.
Bearish Scenario:
On the other hand, 3360-70 multiple rejection resistance cluster, where we have to wait for the candle closing below for selling opportunity towards 3250 for intraday target.
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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.