Gold- A strong reversal pattern
Bulls seemed to have lost control and after a Hanging man 2 days ago, yesterday we have a Bearish engulfing on the daily chart.
At this moment Gold is still in an uptrend, but 1795-1805 zone is the line in the sand.
If Gold couldn't manage to stay above this zone we can assist to a strong leg down
At this point, I will try to play the recent range with sells near 1840 resistance and buys around 1800
At this moment Gold is still in an uptrend, but 1795-1805 zone is the line in the sand.
If Gold couldn't manage to stay above this zone we can assist to a strong leg down
At this point, I will try to play the recent range with sells near 1840 resistance and buys around 1800
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t.me/intradaytradingsignals
💎 Crypto Channel:
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🌟 Bust your trading with 50% deposit bonus:
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.