GOLD 4H : Under sell pressure
Aggiornato
GOLD
New forecast
The price of gold continued to decline to reach the first support at 2030, and we expect the bearish tendency to continue to test the support of the ascending channel around the 2007 barrier, so that the bearish slope remains expected in the immediate term.
Therefore the downward scenario will be remain valid and effective during coming period , Breaking 2030 will facilitate the price’s task of achieving the expected target.taking into account that stabilized above 2055 level will postponed the bearish waves .
The expect range trading for today it will be between resistance line 2055 and support line 2007 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2030 , 2007
resistance line : 2055 , 2067
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price of gold continued to decline to reach the first support at 2030, and we expect the bearish tendency to continue to test the support of the ascending channel around the 2007 barrier, so that the bearish slope remains expected in the immediate term.
Therefore the downward scenario will be remain valid and effective during coming period , Breaking 2030 will facilitate the price’s task of achieving the expected target.taking into account that stabilized above 2055 level will postponed the bearish waves .
The expect range trading for today it will be between resistance line 2055 and support line 2007 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2030 , 2007
resistance line : 2055 , 2067
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Nota
GOLD The price perfectly fulfills my last idea and we got about +90 pip.
If you want to hold put SL at entry
Trade chiuso manualmente
GOLDclose it with profit +150 pip , or if you want to hold move SL to entry
Nota
GOLD
UPDATE
The price perfectly fulfills my last idea and price reached to near to our first target .
Now the price still under sell pressure and try to reach to our first target at 2007 level so we still prefer the downward scenario ,taking into account that stabilized above 2036 will help the price to return to the main bullish trend .
The expect range trading for today it will be between resistance line 2036 and support line 2007 until stabilized .
Additionally ,Today News will affect on the market.
support line :2007 , 1993
resistance line : 2036 , 2055
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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