GOLD GOT STUCK
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD Quick update.
As we can see price is rejected our upper resistance zone and traded lower,
However, price got stuck inside this range, And for the bears to remain in control we need a break below the lower bound of this range, then a movement lower would be expected.
And as the price will be trading lower till the next support zone, then we will be looking for new longs.
Unless price managed to break above the upper bound of this range, then a movement higher would be expected, till the upper resistance zone,
Where we will be looking for new bearish reversal setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD Quick update.
As we can see price is rejected our upper resistance zone and traded lower,
However, price got stuck inside this range, And for the bears to remain in control we need a break below the lower bound of this range, then a movement lower would be expected.
And as the price will be trading lower till the next support zone, then we will be looking for new longs.
Unless price managed to break above the upper bound of this range, then a movement higher would be expected, till the upper resistance zone,
Where we will be looking for new bearish reversal setups.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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