STEP BY STEP ON GOLD
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 mentioned in our previous analysis attached on the chart, price is still overall bearish trading inside this channel! And as we said, price was approaching a massive demand zone, where we will expect and speculate new bullish correction movement rejecting our lower bound of this channel, lining up with the demand zone.
👉Meanwhile, as we are trading again higher, next step will be our upper falling trendline, where we will be looking for new bearish movements as a trend-following one.
👉Unless price managed to trade again lower till the demand zone, where we will be looking for new longs again!
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 mentioned in our previous analysis attached on the chart, price is still overall bearish trading inside this channel! And as we said, price was approaching a massive demand zone, where we will expect and speculate new bullish correction movement rejecting our lower bound of this channel, lining up with the demand zone.
👉Meanwhile, as we are trading again higher, next step will be our upper falling trendline, where we will be looking for new bearish movements as a trend-following one.
👉Unless price managed to trade again lower till the demand zone, where we will be looking for new longs again!
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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