Gold is now in a very crucial price to get short. We could see a retracement in order to continue for an uptrend. The confirmation influenced by breaker block and a bearish OB in a 4H. We also have to keep in mind that the price is now in a supply zone.
1976 will be the SL.
TP1: 1961
TP2: 1954
Trade on your own risk.
GL
1976 will be the SL.
TP1: 1961
TP2: 1954
Trade on your own risk.
GL
Trade active:
The 3 Orange lines are the potential reversal points that we can expect.
1969.51 BB
1971.56 -OB
1873.71 The last reach point.
1969.51 BB
1971.56 -OB
1873.71 The last reach point.
Trade closed: stop reached:
PPI news at 8:30 has been positive. But Gold didn't fall as expected. A small dip went down but went up again.
Why? Because of the war news, gold seems to be strong bullish.
Why? Because of the war news, gold seems to be strong bullish.