Market is in range and over sold. It will make a bullish LH but overall is down trend. the lower limit is 1818. Only the break or 1818 can push market to go for 1810 and 1800 which does not have any strong sentiment to achieve today. So market can give a great opportunity to buy near on in buy zone. 1820-1826 and wait to trace 1835. you can get multiple trades in this range. Scalping could prove best approach for today. but if you miss 1826 you just miss it don not buy above 1826 for today buy only below 1826 for rest of the day.
Plan A
Buy 1726.00 (Buy Zone)
SL: 1816.00
TP1: 1835.00
TP2: 1840.00
TP3: 1846.00
Bearish
- bearish is Strong
- Market is oversold
- Only Upward break of 1846 can cancel bearish scenario
- Gold will try to make a possible dip on 4H Candle
- The Downward is only possible if price unable to breaks 1818 level.
Plan A
Buy 1726.00 (Buy Zone)
SL: 1816.00
TP1: 1835.00
TP2: 1840.00
TP3: 1846.00
Bearish
- bearish is Strong
- Market is oversold
- Only Upward break of 1846 can cancel bearish scenario
- Gold will try to make a possible dip on 4H Candle
- The Downward is only possible if price unable to breaks 1818 level.
