Trading can be really fun when there is clarity and confidence.
So here is my "Potential" trade idea on Gold (XUAUSD.)
We have been on a Bull run for a long time, we have also been playing around (Accumulation Phase) for some time and we have created what I love to call Flip Zone, i.e, Resistance turn Support, same Support got broken and now turns Resistance. You copy? Great!
Oh, it is great to also note that we've got some trendline break too. Not bad as an additional confluence.
Looking closely from the H4 and H1 Time Frames respectively, we can see a (Potential) sell opportunity waiting for us here.,
Let me know what you all think about this analysis.
Feel free to comment your perspective too.
In this business of trading, " Learning Never Ends."
So here is my "Potential" trade idea on Gold (XUAUSD.)
We have been on a Bull run for a long time, we have also been playing around (Accumulation Phase) for some time and we have created what I love to call Flip Zone, i.e, Resistance turn Support, same Support got broken and now turns Resistance. You copy? Great!
Oh, it is great to also note that we've got some trendline break too. Not bad as an additional confluence.
Looking closely from the H4 and H1 Time Frames respectively, we can see a (Potential) sell opportunity waiting for us here.,
Let me know what you all think about this analysis.
Feel free to comment your perspective too.
In this business of trading, " Learning Never Ends."
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