GOLD BEARS TOOK OVER!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD, WHAT'S NEXT
👉As we can see GOLD price is still overall bearish trading inside this channel 📚
👉However, price is sitting around our falling trendline, where we will be looking for new bearish movements as a trend-following sell setups, Unless OfCourse, price managed to break above our falling trendline, then a movement higher would be expected till the upper strong resistance zone.
👉Meanwhile, if the price managed to trade again lower, price will be meeting a massive demand zone, lining up with our lower bound of this channel acting as an over-sold zone, where we will be looking for new longs as a correction movement.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD, WHAT'S NEXT
👉As we can see GOLD price is still overall bearish trading inside this channel 📚
👉However, price is sitting around our falling trendline, where we will be looking for new bearish movements as a trend-following sell setups, Unless OfCourse, price managed to break above our falling trendline, then a movement higher would be expected till the upper strong resistance zone.
👉Meanwhile, if the price managed to trade again lower, price will be meeting a massive demand zone, lining up with our lower bound of this channel acting as an over-sold zone, where we will be looking for new longs as a correction movement.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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