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NEXT MOVE FOR GOLD !

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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.

GOLD, as we mentioned last time when we were around a resistance, we were waiting for the bears to take over by breaking below the marked low right!
Then we traded lower

So for now, we are retesting the resistance zone speculating a new bearish movement as before

For now, price is trading inside this channel and approaching our resistance zone

For the bears to kick in we need a new swing low to form around the trendline then a break

Until that happens, we can still trade higher and higher before reversal


and as usual follow your trading plan and manage your risk.

Be patient and good luck!

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.