Gold overview

23 ביולי

Gold has shown a rejection on sell today on american session opening but now it seem like gold is gonna follow its path to the sell side because gold has not broken its 4H trendline and has given a price action candle (Inverted hammer 🔨) over 4H TF which shows a sign of rejetion also 50 SMA also shows us gold is in sell trend in its higher Time frames also gold has achived its 38.2% level of Fibbo on sell side Drop which has broken the trendline previously to the downside also we are a having a major resistance level on this level so we are sell baised currently but if price breaks trendline and price sustains over it we will be buying the yellow mattle