Like we said yesterday, we're now looking for buying opportunities on GOLD.
The levels around 1830 are serious resistance for price and we expect to see a pullback before the next move up.
This will be our entry moment. That's why we won't be entering a trade now, but wait for the pullback instead.
If, however there's a breakout of 1830 before that, then we will have to wait for a re-test from above in order to find a good risk to reward ratio setup.
Current price levels are not preferable for long positions!
The levels around 1830 are serious resistance for price and we expect to see a pullback before the next move up.
This will be our entry moment. That's why we won't be entering a trade now, but wait for the pullback instead.
If, however there's a breakout of 1830 before that, then we will have to wait for a re-test from above in order to find a good risk to reward ratio setup.
Current price levels are not preferable for long positions!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
