Gold:a move to 1838-41 a good selling opportunity

2022年6月27日

Gold still trading in lower timeframe trend which shows 1841 slightly on the card. A visit to 1838-41will be a good selling opportunity I'll sell cautiously if hold with target to previous low 1816 long term with possible breakdown and target 1830 scalping term. Gold now likely limited to 1838-41 A break above 1842-44 likely to lead to M-formation on daily timeframe which will bring 1850s on the to-do list. 1838 is the resistance for now as long as there's no body close above with 1841 next in line. the blue path drawing show expected 4hrs trend action then the green represent upswing incase of possible daily timeframe M. Goodluck!