GOD BUY GREAT TUESDAY
Greetings traders this is my analysis on gold and its a long for buy
Technical analysis of gold
informatoin ; Head and Shoulders
this pattern is now even more clearly presented with.
Head_ a higher peak (higher high)
Left shoulder_a weaker atempt recover , which confirms the loss of bullish strength
Usually, such a pattern is followed by a corrective move downwards (which has already been partially see)
potential trend change zone
Highlighted support in zone
3345_3325 usd _very imortant for confirming the bullish scenario.
the shown ''bounce zone'' suggests a possible purchase if the price bounces from this area
predicted path expected
fall to support (around 3345_3325 USD
Conclusion and strategy
Scenario 1(main) buy zone between 3357 3335 if price action signal is seen (pin bar engulfing
TARGET 3500+
Stoploss: Bellow 3300 support
Scenario2 (riskier) : If price does not bounce from that zone possible further deepening towards 3250 3215
Dear Traders like comment let me know what do you think
