Gold Started the week with Big Bearish Engulfing

2024年11月26日

As predicted in last week posts and on weekly analysis also , gold is moving down and started the week with a big bearish engulfing on daily time frame .On Intraday the resistance area is at 2630-50 (Fib Golden Zone) and under this area we can expect more decline in lower side , In lower side the first support area is at 2562-70 (HVN)(First TP for Sell) and next support area is at Bullish Imbalance zone @ 2530-40 (Second TP for Sell), so selling seems to more favourable for Intra day as of now.

2024年11月27日

交易進行

Sell on rise still good, Waiting for TP mentioned in post