GOLD STILL HERE! WHAT'S NEXT
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
Meanwhile, price is trading inside this rising flat channel.
And as the price will be testing again our resistance zone we will be looking for new bearish movements.
However, for the bears to kick in from a medium-term perspective we need a break below the marked major swing low,
Then we will be expecting a further bearish movement till the lower support, where we will be looking for new longs, as shown on the chart.
until That 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
Meanwhile, price is trading inside this rising flat channel.
And as the price will be testing again our resistance zone we will be looking for new bearish movements.
However, for the bears to kick in from a medium-term perspective we need a break below the marked major swing low,
Then we will be expecting a further bearish movement till the lower support, where we will be looking for new longs, as shown on the chart.
until That 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
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