Hi Friends
I'm back with another analysis, To begin with gold is in a downtrend and there are multiple supply levels which the immediate one is a 5 min supply level around 2025-2026. then above it we have 2027 level which this morning market reacted to. Currently market is above the demand level of 19 and has reacted to it multiple times already. incase market continues downward other levels do exist for a long trade.
In case we go up supply levels are also drawn.
* As always add your intuition and logic into this analysis and trade cautiously
*Be honorable
I'm back with another analysis, To begin with gold is in a downtrend and there are multiple supply levels which the immediate one is a 5 min supply level around 2025-2026. then above it we have 2027 level which this morning market reacted to. Currently market is above the demand level of 19 and has reacted to it multiple times already. incase market continues downward other levels do exist for a long trade.
In case we go up supply levels are also drawn.
* As always add your intuition and logic into this analysis and trade cautiously
*Be honorable
Comment:
80 Pips profit from 27-19
Comment:
100 pips in profit
Comment:
130 Pips in profit
Comment:
Perfect reaction to level 12
Comment:
12 to 18 60 pips so far
Comment:
12 to 22 100 pips has been gained
Comment:
350 pips has been gained
Comment:
From 86 to 2006 200 pips profit enjoy the accuracy
