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GOLD! TREND FOLLOWING OR REVERSAL

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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.

QUICK UPDATE FOR GOLD!

As we clearly see price trading inside this rising broadening wedge pattern
So, we are clearly bullish.

In addition, price managed to break above our resistance zone, so, it's acting now as a support zone.

As the price will be approaching again our support, we will be looking for new longs as well.

Meanwhile, if the price managed to break below our marked major swing low and support zone, then, a reversal trend would be expected.


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!
הערה
GLAD TO SEE YOU THERE: t.me/Snipers_F_x

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