Hello fello traders ,
Gold jumped back from 1902 with high volumes after nfp news towards 1933 range
Bearish move
Strong resistance 1930-1934 area
Previous fake break out above 1933 to hit the buystops for traders at 1935
Divergence played well at 4h and rejected again
Perfect short entry would be below 1915.10
Short call
Ep : 1915
Sl 1925
Tp : 1905
2: 1900
3: 1895
Breakout above 1937 will be a confirm breakout , resistance is 1957
Bullish move
Ep: 1937.50
Sl :1929
Tp : 1947
2: 1954
Gold jumped back from 1902 with high volumes after nfp news towards 1933 range
Bearish move
Strong resistance 1930-1934 area
Previous fake break out above 1933 to hit the buystops for traders at 1935
Divergence played well at 4h and rejected again
Perfect short entry would be below 1915.10
Short call
Ep : 1915
Sl 1925
Tp : 1905
2: 1900
3: 1895
Breakout above 1937 will be a confirm breakout , resistance is 1957
Bullish move
Ep: 1937.50
Sl :1929
Tp : 1947
2: 1954