GOLD awaiting its next move
On market open this week we saw a downside impulse on GOLD.
This has been going on for the past 4 days.
We're expecting a breakout in either direction, but a downside move to 1700 is more likely to happen.
This is a good opportunity to look for short positions with a good RRR.
As always our entry is based on current market state.
The best way to enter would be a breakout of support or candlestick signal.
Watch out for our daily analysis to find out how this will play out.
Support us by giving us a like and leave a comment down below!
This has been going on for the past 4 days.
We're expecting a breakout in either direction, but a downside move to 1700 is more likely to happen.
This is a good opportunity to look for short positions with a good RRR.
As always our entry is based on current market state.
The best way to enter would be a breakout of support or candlestick signal.
Watch out for our daily analysis to find out how this will play out.
Support us by giving us a like and leave a comment down below!
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