Gold market in the coming time, the downtrend still prevails, which is shown on the candlestick chart confirmed by the candle on October 14. On the H4 chart, we see a wedge pattern appearing and creating a resistance area at 1663-1680, price support at 1633-1615.
Today's trading plan we observe the 1654 and 1663 zones to sell. You join our Group to receive the...
Gold chart yesterday was a doji candle before it was a bullish one. shows that the bullish force is still continuing today.
H4 graph shows the struggle between the seller and the buyer. In the H1 chart, there are many bullish trees and clearly showing strong buying power.
In the short term Gold rallies to the 1688 resistance area before a reversal towards the 1660...
Gold meets the resistance zone 1728-1734.
H4 has a bullish tree yesterday that is the basis for today's price increase. Resistance area 1748-1754.
Conclusion buy area 1734
SL 1718
TP1 1748
TP2 1754
