soulful1234

soulful1234

I'm looking at this potential reversal Rising wage pattern in play Entry@17599 Sl@17610.60 Tp@17175

soulful1234

As we touch our strong resistance I believe a move to the down side is possible as already in the h4 we have a M-formation so shorting gold is how I play this one.

soulful1234

I'm looking for a short position as we can see this potential reversal as the price is falling to go up and we at the significant place..bears in control

soulful1234

Gold has broken the down trend so it has to retest 1800 or 1795 then we wait for buying opportunity

soulful1234

Gold is currently facing bearish presure because of DXY being bullish and on the other hand bonds are facing bullish presure.so that being said I believe gold will sell till 1700 or even lower.

soulful1234

Entry@87.950 Sl@88.266 Tp@85.500 previous lows

soulful1234

Target 150.500

soulful1234

GJ continues to give us lower lower with nd I believe bears ar targetin 150.000 nd 149.000..

soulful1234

Its just my own idea based on the technical analysis