As my many analyzation about GOLD, Gold started the down trend from early this week to 1700.
The target done, now is the time we have to wait what happen next at D1's supply zone :
Below is my 2 scenarios for Gold before NFT :
1/ Marked will bounce from D1 zone to H4 and continue going down
2/ Continue going through D1 zone
As my view, market will run as 1/ like a range and wait power from NFT news.
IF market really break out H4's Key level, at that time, we should follow up movement in shortly.
The target done, now is the time we have to wait what happen next at D1's supply zone :
Below is my 2 scenarios for Gold before NFT :
1/ Marked will bounce from D1 zone to H4 and continue going down
2/ Continue going through D1 zone
As my view, market will run as 1/ like a range and wait power from NFT news.
IF market really break out H4's Key level, at that time, we should follow up movement in shortly.
Jayce Pham - Founder & CEO of NCI Trading system
