PiPumer

GOLD Bulls in Bearish Impulsive Move?

TVC:GOLD   CFDs VÀNG (US$/OZ)
Hello Friends,
Here in GOLD we have seem to be having a bull as short in the zone, where after complete hitting to bearish move & with price action we'll be having short moves on GOLD for today as BUY.
Our analysis currently focus on bulls in the bearish move so from 1785 approx i'm considering to go on bulls as due to trend analysis it should be stop there for some shorts of testing at 1800 area & above. Here my analysis on buy is for an upside down U-shape in which it will test once more & then go the trend according to that time market situation.
As well if it keep on falling then the area 1724 is expected to hit in LT trading which impulsive move are to started from 1760 area or from below...
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.

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P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.

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