GOLD - LONG - THE RALLY OF THE YEAR

📍 10+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates

KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account

⏳ weekly chart analysis

Trading with a bullish channel formation -

The month of December started with a positive week and this led to a huge month rally - the history says that Gold always go up in Jan and why? I don't have an idea - the corrective face of gold is completed and is getting shorter on a day to day basis -

Now we may or may not - have a large bearish wick between 1834 to 1824 - if that did not take place this weak - it might take place in next weak - and eventually it is going up

This is not a financial advise and market can change course at any given point - risk only what your account can handle

A correction is possible with plenty of room to move lowed without impacting the trend higher - ]


Looking to buy at dips

📒 Retracement to support area
📒 Analysis / Trade Setup / Long and then short
± Short-term Bearish # Long term-Bullish
± Support and Resistance in play
± Major Falling broken
± Bullish trend reversal
± Go long for more pips

± HAPPY TRADING