There was a strong jump of price for gold (600+pips) happen before. Is this a sign of a bullish trend change? I’m expecting this changes to be a bearish correction pattern for gold this week. This is my potential SELL zone for this week. Trade wisely! God bless you.
If price continue to drop at Demand Area, there is possible BUY entry. And, if price unable to break RBS line, we know that Gold price are strongly going up. Scalp wisely and happy trading!
Head & shoulder almost complete in Gold.. you know what to do when it is complete
SELL Entry Zone @ 1842.00 - 1843.50 TP 1: 1837.00 TP 2: 1832.00 TP 3: 1827.00 SL: 1845.00 Enter with your own risk
If price reach to support zone (red rectangle) area, the red rectangle is our BUY zone.
If price break and come back to H4 Resistance, try to find SELL entry and enjoy your day traders!
If the price go to the resistance, enjoy your day!!