Bullish pattern on Gold for Short and Medium Term. Support & Resistance and Support Levels are matching which builds Strong Case for this analysis
The direction of GOLD now looks down the news also attends to the bearish zone especially after stabilizing in the downward zone take risk management 2% per each trade not more --------- you can look at my archive's last idea about the gold in the box below
Downtrend scenario of Gold ((Now will try to get about 1871 hen down) Entry under 1869 TP: 1855 & 1845 & 1833 SL: 1882 RISK 1.5 %
A trade through $1878.40 will confirm the shift in momentum. This could trigger the start of a minimum 2 day counter-trend rally. Taking out $1849.70 will negate the chart pattern and signal a resumption of the downtrend. The minor trend is also down. A trade through $1921.30 will change the minor trend to up. This will confirm the shift in momentum. The nearest...
the direction like we said last night will reach 1874 so now we got 1872 and then now under 1874 it is possible to get down again from 1874 will try to get 1853 again but should not break 1875 to up
this is once again i came up with this game that what really #gold is doing after looking at the 4h chat for hours and hours hahah, well simple as i think but still not confirm lets see tomorrow lets all bucal up till thursaday and friday. like to know opinion from you guys too so plese share your intalligency.
Sell Zone will start from 1911 till getting target at 1890 & 1875 and 1855 SL at 1920 2% per each trade
Sell Zone will start from 1890 till getting target at 1875 and 1855 SL at 1910 2% per each trade General downward under 1901
downtrend scenario of gold ((Now will try to get about 1898 then down) Entry under 1898 TP: 1874 & 1860 & 1845 SL: 1899 Risk per trade
Downtrend scenario of Gold Entry under 1889 TP: 1874 & 1860 & 1845 SL: 1899 RISK 2%
GOLD now will try to get stable at downtrend zone under the trend line and then we will see the direction with the movement of the candle downside under 1906 Target: 1990 & 1878 & sl: 1912 risk 2%
First scenario is (upward Scenario) Entry above 1928 TP.: 1935 & 1940 & 1942 SL.: 1924 and after that will be down From 1942 Target: 1930 & 1910 & 1900 sl: 1952
(Downward Scenario) Entry under 1950 TP.: 1940 & 1927 & 1920 SL.: 1958
(UPWARD Scenario) Entry above 1945 TP.: 1959 & 1965 & 1975 SL.: 1935 -------- TENDENCY Structure Generally upward above 1945
The general direction of Gold is upward but if break 1943 by 1hour candle will drop more till 1930
TENDENCY Structure Generally upward above 1973 --------- (UPWARD Scenario) Entry above 1984 TP.: 1999 & 2005 & 2017 SL.: 1971