XAUUSD / D1 / Reversal ?
Updated
On Daily
Gold has reached a strong resistance level on Daily chart . Also it pushed up to the trendline which confirms that market can drop more..
Pinbar on Daily Resistance shows the weakning of the Market..
On H4 :
It reacted 3 times to the resistance level.. Also double top was formed which confirms the reversal of the Trend..
Next Daily Support and Resistance Levels are mentioned in the chart
Good Luck
Trade Green
Gold has reached a strong resistance level on Daily chart . Also it pushed up to the trendline which confirms that market can drop more..
Pinbar on Daily Resistance shows the weakning of the Market..
On H4 :
It reacted 3 times to the resistance level.. Also double top was formed which confirms the reversal of the Trend..
Next Daily Support and Resistance Levels are mentioned in the chart
Good Luck
Trade Green
Comment
Zoom in and check daily pinbarTrade active
We have got a nice rejection and expect the pair to continue to fall downwards!Comment
Trade closed: stop reached
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