Gold Has been Moving in descending Channel Pattern from last 4 Months.
At the Moment, Gold is Moving Above the Strong Horizontal Support Area (1750), In my Opinion, It Might test the Support Before Another Bullish Wave towards the Descending Resistance (1900).
In Worst Case, If GOLD Bulls Lost the Support Area then I'm Expecting Big Dump..!!
At the Moment, I'm Not Taking Any trade in GOLD Until Strong Confirmations..(If You're Looking for Buying Opportunity the Wait for Support Area, Don't Catch the Falling Knife)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
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.