gold h4 bear fractal short from resistance tp 1970 usd
Updated
🔸Hello traders, today let's review 4hour price chart for gold. Extended bear
impulse in progress, fractal will target re-tests of 1960/1970 usd.
🔸Recent downtrend is defined by repeat sequence, currently weak bounce
expecting re-tests near 2030/2035 usd max, and continuation of the correction.
🔸Recommended strategy bears: short sell from overhead resistances near 2030/35 usd
fixed stop loss for this entry at 2050 usd, TP1 bears is 2000 usd TP2 bears is 1975 usd.
the bear fractal final target is near 1960/1970 usd. good luck traders!
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
impulse in progress, fractal will target re-tests of 1960/1970 usd.
🔸Recent downtrend is defined by repeat sequence, currently weak bounce
expecting re-tests near 2030/2035 usd max, and continuation of the correction.
🔸Recommended strategy bears: short sell from overhead resistances near 2030/35 usd
fixed stop loss for this entry at 2050 usd, TP1 bears is 2000 usd TP2 bears is 1975 usd.
the bear fractal final target is near 1960/1970 usd. good luck traders!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Note
short sell rips/ralliesNote
gbpusd 2700/2720 short tp bears 2500
Note
ukoil 8 hour short from resistance tp 72/74 usd
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🔥primary telegram channel
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🚀75%+ win rate free gold signals
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