GOLD technical and Candle analysis (Big move is coming)
Hi, guys! I used daily timeframe to analyze the market. If we see the daily candles, in history, after big pop-up always came a big pop-down. So it was expected the Gold to go down… Meanwhile, right now the big turning point is around 2616-2618. So the price must come down until 2616-2618… if it comes until 2612, then it will go until 2580…
Trade ideas:
- Bearish trend
Current price: 2638 (It must retest 2647-2649)
Sell: 2646
Stop lose: 2651
Take profit: 2620
- Bullish trend
Buy: 2652
Stop lose: 2646
Take profit: 2664
Trade ideas:
- Bearish trend
Current price: 2638 (It must retest 2647-2649)
Sell: 2646
Stop lose: 2651
Take profit: 2620
- Bullish trend
Buy: 2652
Stop lose: 2646
Take profit: 2664
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