GOLD AROUND A MASSIVE RESISTANCE!
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 can see price is still around a massive resistance zone from higher time frames and price was testing the all-time highs as well
Where we will be looking for new bearish movements, However, we need some confirmation to jump in.
As we can see price is trading inside this rising channel from a short-term perspective.
And for the bears to kick in, we need a new swing low to be formed around the rising trendline, then a break as shown on the chart.
Until that happens price is still overall bullish trading inside this channel.
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.
QUICK UPDATE FOR GOLD!
As we can see price is still around a massive resistance zone from higher time frames and price was testing the all-time highs as well
Where we will be looking for new bearish movements, However, we need some confirmation to jump in.
As we can see price is trading inside this rising channel from a short-term perspective.
And for the bears to kick in, we need a new swing low to be formed around the rising trendline, then a break as shown on the chart.
Until that happens price is still overall bullish trading inside this channel.
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
כתב ויתור
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