sdorbeigi

sdorbeigi

in the 4 hour we see trend changing. both static and dynamic resistance is in front of the price. I think We Will see more deline in gold price

sdorbeigi

i think the price will go down more and bears will drive the road to the trend line also see the divergence in the RSI

sdorbeigi

Changing bullish to a bearish trend and the price breaks the support line I see a pullback.

sdorbeigi

The price is touching the trendline and has a reaction we can enter the trade and stop-loss will be under te trendline

sdorbeigi

in my short-term POV : Gold in the 4H time frame makes a channel I think it is a good opportunity for Long position.

sdorbeigi

the price meets the 38 of fibo and a strong static resistance, so we could expect to correction and the rsi indicator is moving down and has reaction to the top.