Falling wedge 3770 target 38_38200
3700 should help the 37450 that should've held firmly for buy long term idea
Seeing that some buyers have taken some serious loss of (100/200pips to even 500pips 50$)
A replacement of a pullback is shorting as pattern hints divergence or slight change if downtrend it's formed after breaking consolidation triangle
If the 3800 plays as a sellers zone 39 must protect it after 38 became a newly formed resistance
Dollar doing a bit weak as expected after insanely keeping bull momentum as it shifts sideways
This will help gold n other pairs to pullback losses
36500_36800 sl choice
377zone has a trendline barrier assest can tend to touch it again if sellers aint dropping their chips like crazy
37200 may solidify the trade and a break and retest of pattern will confirm it
Smash the like button for if it helps with decision making
& follow for more content of you'd like to learn
Seeing that some buyers have taken some serious loss of (100/200pips to even 500pips 50$)
A replacement of a pullback is shorting as pattern hints divergence or slight change if downtrend it's formed after breaking consolidation triangle
If the 3800 plays as a sellers zone 39 must protect it after 38 became a newly formed resistance
Dollar doing a bit weak as expected after insanely keeping bull momentum as it shifts sideways
This will help gold n other pairs to pullback losses
36500_36800 sl choice
377zone has a trendline barrier assest can tend to touch it again if sellers aint dropping their chips like crazy
37200 may solidify the trade and a break and retest of pattern will confirm it
Smash the like button for if it helps with decision making
& follow for more content of you'd like to learn
Related publications
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.