gold rised straight after breaking 1783 ( important resistance mentioned in previous posts ) and now at another important resistance levels bulls might show some weakness allowing bears to push the price down once again ; a bearish harmonic is setting up at the spicy zones as well a double bottom almost if not complete.
we might see bulls do another push to 1820 levels before getting tired ; so if you plan to place short orders try not to get in too early or too late watch for your entry signal and make your decision.
and remember always be smart use your money management and market will never hurt you .
that said i wish you a good and profitable trade more updates are upcoming so stay tuned.
if you like the idea feel free to leave a like if not please comment bellow your thoughts i'll be happy to change ideas with you guys :)
i posted a swing interesting idea please check it , it will help you see the big picture of this chart .
all the charts that i post are almost related to one another please take a look of the previous ones if you didn't already it will help you to get educated about this chart and also to mark/remember the best sniping entries .
we might see bulls do another push to 1820 levels before getting tired ; so if you plan to place short orders try not to get in too early or too late watch for your entry signal and make your decision.
and remember always be smart use your money management and market will never hurt you .
that said i wish you a good and profitable trade more updates are upcoming so stay tuned.
if you like the idea feel free to leave a like if not please comment bellow your thoughts i'll be happy to change ideas with you guys :)
i posted a swing interesting idea please check it , it will help you see the big picture of this chart .
all the charts that i post are almost related to one another please take a look of the previous ones if you didn't already it will help you to get educated about this chart and also to mark/remember the best sniping entries .
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beautiful fall and all targets in chart reached grats for you guys if you earned some pips from the analysis
second scenario if it goes up and break 1811 it will rise to 1820/1830 levels before falling again and giving us a nice short opportunity .