BullBearMkt

Will Supports Of Mid Sept & Oct Sufficient To Reverse Gold Price

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As earlier predicted, gold has pullback to 1930 circa support level. Will this level be able to reverse gold's selling pressure? This level was previously rejected in mid-September but easily penetrated mid-Oct having creating a bullish order candle.

Take trade in H4/H1 if there are rejections; otherwise, daily bearish momentum remains dominant.



N.B!
- XAUUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades


#gold
#xauusd



Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

-YouTube Channel: @bullbearmkt331
-Telegram: t.me/BullbearMkts
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.