Hey everyone this is Nathima,
please check out the update on gold for now there are two scenarios let discuss the first one
First things first today in asian session gold started to push down the reason for this push to the downside is clear because there is imbalance left at the downside also there's a ton of liq resting so there are two scenarios now:
Now gold created a strong support at 2355.70
Scenario 1: gold created a strong support at 2355.70 at m30 if the next candle started to wick down a bit and then sweep the high of the previous candle we can anticipate a bullish move towards the upside
Scenario 2: if gold breaks this support and and close below the support in m30 and the next candle started to push up and then sweep the low the previous candle we can anticipate a bearish move towards the downside
BEARISH TARGETS:
2349
2346
BULLISH TARGETS:
2364.50
2372
please check out the update on gold for now there are two scenarios let discuss the first one
First things first today in asian session gold started to push down the reason for this push to the downside is clear because there is imbalance left at the downside also there's a ton of liq resting so there are two scenarios now:
Now gold created a strong support at 2355.70
Scenario 1: gold created a strong support at 2355.70 at m30 if the next candle started to wick down a bit and then sweep the high of the previous candle we can anticipate a bullish move towards the upside
Scenario 2: if gold breaks this support and and close below the support in m30 and the next candle started to push up and then sweep the low the previous candle we can anticipate a bearish move towards the downside
BEARISH TARGETS:
2349
2346
BULLISH TARGETS:
2364.50
2372
Note
Trade activeNote
Trade running 20 pips in profitNote
Trade running 40 pips made beNote
manually closed my trade at 35 pips managed wellNote
looking for sells in impulse moveTrade closed: target reached
Hello traders as i mentioned above i got the sells with impulse entry and got my tp 1 and tp 2 as well also my members took both positions buy and sell in my telegram group if you guys want join my tele
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.