Good SELL opportunity for GOLD.
Why I think so?
See A: Asset's price at a good SUPPLY AREA. We see Base-drop-Base, which shows this area can be used for SELL entries.
See B: Support & Resistance Area at same level as the Supply Area, indicating it is a strong SELL area
See C: Divergence on Awesome Oscillator
See D: Low volatility, weak trend movement
Entry: 1810 | 1820
Stop Loss: 1827 | 1830
Take Profit: 1774 | 1760
#DrooelmFX
Why I think so?
See A: Asset's price at a good SUPPLY AREA. We see Base-drop-Base, which shows this area can be used for SELL entries.
See B: Support & Resistance Area at same level as the Supply Area, indicating it is a strong SELL area
See C: Divergence on Awesome Oscillator
See D: Low volatility, weak trend movement
Entry: 1810 | 1820
Stop Loss: 1827 | 1830
Take Profit: 1774 | 1760
#DrooelmFX
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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.