Gold Bearish idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are definitely bearish and we’re looking to continue with that trend.
We will look for entries once we see a break below 1740.00 with a lower high below.
Trade scenario 2: If we see a reversal at 1740.00 it is likely price action will push upward toward resistance around 1800.00
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Overall we are definitely bearish and we’re looking to continue with that trend.
We will look for entries once we see a break below 1740.00 with a lower high below.
Trade scenario 2: If we see a reversal at 1740.00 it is likely price action will push upward toward resistance around 1800.00