Gold is on dump Technical: "Impulse correction impulse" Fundamental: When the Chinese new year is coming large volumes of golds will be sold out to replace new supply so the price will be forced to drop "lowest bidder wins" for the Chinese new year gifts & ceremony.
We can see that there is a potential bear flag formation of the price If the price break the trend line the bear flag pattern was recognize What are your insights? Just comment below :D Please follow me to be updated of my daily analysis Thank you & happy trading
Based on patterns we see last 3 years is forming and there will be a possibility it will happen again (Bear Flag) If the price continuous to break my analysis is correct But if the price will go up we are still in the correction phase What are your ideas? Just comment below! Please follow me to be updated to my daily analysis Thank you & Happy Trading!
The price of XAUUSD is building a momentum Currently we are in correction phase and the next one is the impulse Hit the like button if we have the same market approach Follow me to be updated for my daily technical analysis Thank you & happy trading!
The price hit the daily resistance and we see a confirmation that the price is going to the downside Please follow me to be updated of my shared analysis thank you! Happy Trading!
We are waiting for the sell opportunity once the price hit the daily resistance Please follow me to be updated of my shared analysis thank you! Happy trading guys!
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Same Pattern can have a possibility same price movement
The explanation is in the cart Please like & follow me for more shared ideas :D
The explanation is in the cart Please like & follow me for more shared ideas :D
Possible the price goes lower to the S/D Zones
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Good setup & the price could even go lower We can re enter if the bearish flag is formed & break