As we've seen recently during the past week, we've noticed that price on gold has moved significantly to the downside, however on Thurs/Friday, we noticed that price reached a level of support on the H4 timeframe...
And now that it has reached our level of support, we can clearly see that price has formed a perfect double bottom formation on the H4 and the H1 timeframe respectively and on the daily price has formed a Doji candlestick of which we know that gold usually respects it in terms of reversals
Entry Trigger point💯💯
Our long position entries will be valid once price closes above our 1756.156 level of resistance once it has closes above, our Set-ups are confirmed🔥🔥✨✨
And now that it has reached our level of support, we can clearly see that price has formed a perfect double bottom formation on the H4 and the H1 timeframe respectively and on the daily price has formed a Doji candlestick of which we know that gold usually respects it in terms of reversals
Entry Trigger point💯💯
Our long position entries will be valid once price closes above our 1756.156 level of resistance once it has closes above, our Set-ups are confirmed🔥🔥✨✨