Gold- A strong reversal pattern
Bulls seemed to have lost control and after a Hanging man 2 days ago, yesterday we have a Bearish engulfing on the daily chart.
At this moment Gold is still in an uptrend, but 1795-1805 zone is the line in the sand.
If Gold couldn't manage to stay above this zone we can assist to a strong leg down
At this point, I will try to play the recent range with sells near 1840 resistance and buys around 1800
At this moment Gold is still in an uptrend, but 1795-1805 zone is the line in the sand.
If Gold couldn't manage to stay above this zone we can assist to a strong leg down
At this point, I will try to play the recent range with sells near 1840 resistance and buys around 1800
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.