Hello traders,
GOLD is setting up for a downside move watch GOLD according to your own trading system and look for a short position opportunity.
Currently i am waiting for price to come around white box area and from there i am looking price action for short, if price break the mentioned high then this setup will be failed.
Price can go directly down from the current area as well.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
GOLD is setting up for a downside move watch GOLD according to your own trading system and look for a short position opportunity.
Currently i am waiting for price to come around white box area and from there i am looking price action for short, if price break the mentioned high then this setup will be failed.
Price can go directly down from the current area as well.
This is just analysis, not the exact trade or any kind of signal that proven with wining or losing % so be sure trade with your own according strategy do not depend on my analysis.
I wish you good luck and good trading.
