GOLD sell off
Updated
I'm sharing and analysis on what's going to happen with GOLD.
This analysis is KEY, because that area of 1305 is really major
and i'm expecting huge sell off on that area.
You can see on the chart many touches on that Resistance/Support
and it respects it perfectly for more than year.
On that area i will be looking for entry on H4 and aiming 1256 (But
I'm big fan of trailing stop so...)
I'm waiting patiently to GOLD reach that area, I'm not touching until then
(maybe some lower timeframe scalps, but not swing like that)
KEEP EYES ON THAT AREA and for better view, do your own analysis.
Don't forget to trade with proper RM/MM and caution guys.
I will keep you updated
Gonna be huge! Good luck guys
This analysis is KEY, because that area of 1305 is really major
and i'm expecting huge sell off on that area.
You can see on the chart many touches on that Resistance/Support
and it respects it perfectly for more than year.
On that area i will be looking for entry on H4 and aiming 1256 (But
I'm big fan of trailing stop so...)
I'm waiting patiently to GOLD reach that area, I'm not touching until then
(maybe some lower timeframe scalps, but not swing like that)
KEEP EYES ON THAT AREA and for better view, do your own analysis.
Don't forget to trade with proper RM/MM and caution guys.
I will keep you updated
Gonna be huge! Good luck guys
Note
there is why i think gold need to more down before big move up to 1305
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