Hello guys, I hope you have started this week full of energy.
We check the gold chart in the 1-hour time frame.
Gold was able to fall from a 4-hour supply area after collecting liquidity in that area, finally it reached a demand area and then a support level, which caused gold to move towards the gold.
After that, it continued to fall until a moving bass in the 15-minute time frame, which finally grew, and only a shadow of it remained in the one-hour time frame.
Currently, we have a support level, we must wait for the breaking of this level, if it is broken strongly, we can have selling positions in the reversals until the one-hour demand area (2011-2013).
If we reach this demand area, we can have buying positions by seeing the confirmation and candlestick patterns.
In the rest of the day, I will announce a suitable position in the updates.
Thank you for your support, I would like to share your thoughts with me