hello guys!
as you see on chart, gold is on ascending channel and did not break this channel for now! but in upper level we see a great flag that form on 2 main master candle so this flag is so important and there is potential there for making gold bearish!
but this flag formed in a compression and if last supply zone engulfed, price will touch fisrt zone!
i hope you get profit from this!
If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
as you see on chart, gold is on ascending channel and did not break this channel for now! but in upper level we see a great flag that form on 2 main master candle so this flag is so important and there is potential there for making gold bearish!
but this flag formed in a compression and if last supply zone engulfed, price will touch fisrt zone!
i hope you get profit from this!
If you agree with my analysis or you are happy, please hit the "like" button and "follow"!
Trade closed: target reached
now gold is on FLWe are waiting for bearish confirmation! if price does not make any confirmation signall it will be bullish
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.