GOLD IN A CLEAN STRUCTURE
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD, IN A CLEAN STRUCTURE.
As we can see recently price is moving in a clean structure!
Price first broke below our major low, and traded lower, then as we mentioned in the previous analysis price rejected our demand zone and traded higher again.
Moreover, price now is clearly overall bullish from a short term perspective trading inside this channel and as per my trading plan, i will waiting for a new swing low to be formed around our rising trendline then a break, where we will be expecting a shift in momentum as the price is sitting around a strong resistance zone 2k.
Until that price is still overall bullish and can still trade higher and higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD, IN A CLEAN STRUCTURE.
As we can see recently price is moving in a clean structure!
Price first broke below our major low, and traded lower, then as we mentioned in the previous analysis price rejected our demand zone and traded higher again.
Moreover, price now is clearly overall bullish from a short term perspective trading inside this channel and as per my trading plan, i will waiting for a new swing low to be formed around our rising trendline then a break, where we will be expecting a shift in momentum as the price is sitting around a strong resistance zone 2k.
Until that price is still overall bullish and can still trade higher and higher.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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