Green path :Gold is in an important and strong support from :
1.daily support and
2.trendline of channel lower side
so we would expect at least some reversal candle and gain in price to our first target
Targets :
A. 1750(why? beacuse as you can see it was support on that area that turn to resistance )
B.1770
Red path :we expect gold don't fall any more from that green zone because we talk about the importance of that zone ,and if it break and retest get completed then the market will get mad new channel reach too and bearish candle will lead market for long time
previous analysis that start from high level of this channel and now we are in low level of channel now :
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
1.daily support and
2.trendline of channel lower side
so we would expect at least some reversal candle and gain in price to our first target
Targets :
A. 1750(why? beacuse as you can see it was support on that area that turn to resistance )
B.1770
Red path :we expect gold don't fall any more from that green zone because we talk about the importance of that zone ,and if it break and retest get completed then the market will get mad new channel reach too and bearish candle will lead market for long time
previous analysis that start from high level of this channel and now we are in low level of channel now :
<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press like👍 if you enjoy💚>>
Trade closed: target reached
1750 😎💚👍
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My telegram channel:
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VIP Channels:
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check pinned msg in telegram.
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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.
30k reward also reserved for you At Weex Using link!
shorturl.at/siBH5
Deposit $200 get +100
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned msg in telegram.
shorturl.at/siBH5
Deposit $200 get +100
My telegram channel:
t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned msg in telegram.
Related publications
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.