h-4 technical analysis of gold
whereas, the market break the supply zone today, and we have seen yesterday same was happen but the market did not break the his last level few times and after rejection today we can see market break the supply zone. if the market retest the supply zone then we can see here buy in short about 100 pips. because if we see in day 1 time frame it is continuing a bearish trend and market still moving the under the bearish channel according to day-1 but in day 1 we also waits here for conformation because the market rejected the bearish trend line but did not retest if market complete the retest then we might be seen here long sell.
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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.