GOLD-- preferred scenario & the alternative 29/9/2021

Hello dear traders,


Gold since yesterday showed a lack of selling power and now it penetrated a minor trendline that could push prices further into higher levels and that is the preferred scenario to happen.

If prices fail to go higher and the market distributed a selling power to break below the support area, we will target the next support.


Be prepared for anything scenario to happen and wishing you a happy tade.

Comment:

Since prices break below this support level, it's high likely we will move to the alternative scenario, be aware

Comment:

Don't rush into your trade, wait for market to stablize

Comment:

Short now