Do not trade GOLD today!
Yesterday we saw price reaching the resistance at 1830.
If price would've broke above it, we could have been looking for a continuation move.
However the next thing we saw was a drop in price as big as the upside move prior to that.
Those are the moments in which we don't want to be in the market.
Now we have to wait! We have to see a breakout or a rejection before we enter a trade.
The upside move is still more likely, but entries at this current time are not preferable.
We will have better opportunities soon, so follow us to stay updated!
If price would've broke above it, we could have been looking for a continuation move.
However the next thing we saw was a drop in price as big as the upside move prior to that.
Those are the moments in which we don't want to be in the market.
Now we have to wait! We have to see a breakout or a rejection before we enter a trade.
The upside move is still more likely, but entries at this current time are not preferable.
We will have better opportunities soon, so follow us to stay updated!
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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