Hello Friends,
Here on Gold we've the final moves for this pattern to be completed. Bulls from 1807 approx till 1770s the first hit from the correction breakout & another hit of bears till 1760s for completing its pattern. We focus on Sell as NFP today is seem to make USD strong where in vs GOLD will fall. Also another thing at this area there's still bulls rejections. For bulls we're focusing the Area above 1817 which first lead bulls to the first resistance hits from where it'll pull back as seen in history at the same level so final hit should be 1850s area. once in bull area if rejection occurs of bear then we're on impulsive bulls for long term.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Here on Gold we've the final moves for this pattern to be completed. Bulls from 1807 approx till 1770s the first hit from the correction breakout & another hit of bears till 1760s for completing its pattern. We focus on Sell as NFP today is seem to make USD strong where in vs GOLD will fall. Also another thing at this area there's still bulls rejections. For bulls we're focusing the Area above 1817 which first lead bulls to the first resistance hits from where it'll pull back as seen in history at the same level so final hit should be 1850s area. once in bull area if rejection occurs of bear then we're on impulsive bulls for long term.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
