GOLD, approaching support zone.
After GOLD played out perfectly from my last set up, price is currently at a 4H support zone and near a Daily trend line. Monitor closely and look out for a reversal pattern on a lower time frame before entering any bullish trades. Once price respects this zone and does not break through it, we could possibly get a really nice buy back up to the previous resistance zone.
Note: if price breaks below this support zone and trend line, wait for a retest before taking any future bearish trades.
Note: if price breaks below this support zone and trend line, wait for a retest before taking any future bearish trades.
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