Gold had a recovery in asian session and now looking to either make or break the move. EMA 50 has cross below MA200 so if the resistance holds, we should see a lower move in coming sessions. We are also seeing Wave 4 being completed which could confirm a lower move.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
If you found this analysis helpful, please consider boosting and following for more updates.
Disclaimer: This content is for educational purposes only and should not be considered financial advice.
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.
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.