monavaleh

monavaleh

in my idea market might form a 3 drive in case break down of trend line.do your own reaserch its just an idea.

monavaleh

in 1H chart i see a very clear exhastion gap near to resistant which indicate a bearish move is about to start.since last week we have a weekly big engulfing candel and 5 milion BPD build in US inventory so i think i would be go down.this is just my idea and do your own reaserch and analyse then dicide to enter a trade. good luck

monavaleh

in my idea gold is in a strong daily support. if you check on 4 H chart the zone i mentioned you can see better . just an idea do your own reaserch. good luck guys.

monavaleh Updated 

hello guys. this is a personal idea;the price is at a strong resistance.in 4 hour candel there is a break in the up side but i think the breakout is just a grab of liqueidity and it wasnt the main pivot.just stop hunter. if you take a look at 15 min chart there is a break of strocture in the down side.

monavaleh

this is 4 hours wedge, if breaks the trend line could be a long position keep in mind fundumental about oil and 1300000 barrel cut by soudi arabia and russia

monavaleh Updated 

i think gold is in a strong bulish movement but short time correction to demand zone. trade safe

monavaleh Updated 

hello everyone . i am still bulish on this asset so i think in daily time frame we are creating a bulish flag and i am waiting for the second leg to create. trade safe.

monavaleh Updated 

this zone as suport. if this level suport the price and if u see confirmed by candels buy to the next level. trade safe

monavaleh Updated 

nas stilabove EMA20 awhich comfirmed bulish but if breakes the resistance go for long.

monavaleh Updated 

this is the way i think in daily time frame in bearish trend we have this final flag so i expect we can go than from here.