Ouro/Dólar AmericanoViés de baixa
GOLD ZOOMED OUT PICTURE
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD, ZOOMED OUT PICTURE
As we can see price is trading inside this big flat broadening wedge pattern.
However, price is approaching and diving inside a massive resistance zone (2000-2080)
Adding on price is approaching our flat trendline adding more strength.
Meanwhile, and for now, we will be looking for any bearish reversal pattern on lower time frame like double top, trendline break etc.
Unless price managed to breaking above our resistance zone from weekly time frame by a momentum candle close above our previous major highs and resistance zone, then a further bullish movement would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD, ZOOMED OUT PICTURE
As we can see price is trading inside this big flat broadening wedge pattern.
However, price is approaching and diving inside a massive resistance zone (2000-2080)
Adding on price is approaching our flat trendline adding more strength.
Meanwhile, and for now, we will be looking for any bearish reversal pattern on lower time frame like double top, trendline break etc.
Unless price managed to breaking above our resistance zone from weekly time frame by a momentum candle close above our previous major highs and resistance zone, then a further bullish movement would be expected.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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