Again, will gold go bearish? Today's H4 Analysis
Updated
Hello everyone, I have some fresh updates on the gold market. The pace at which gold is currently moving is relatively quick, having already shattered two resistance levels.
If we consider an alternative scenario, the levels of 1938 and 1940 are now seen as viable resistances.
It appears that there is a considerable bearish momentum in the market. If the 1928 & 1930 support levels give way, we should brace ourselves for our final target which lies at the 1916 & 1903 marks.
please note that financial markets can be unpredictable, and it's essential to consider various factors and perform thorough analysis when making trading decisions.
If you like our analysis, then you can boost our posts. You can leave a comment in the comment section.
Good luck and best wishes to everyone.
If we consider an alternative scenario, the levels of 1938 and 1940 are now seen as viable resistances.
It appears that there is a considerable bearish momentum in the market. If the 1928 & 1930 support levels give way, we should brace ourselves for our final target which lies at the 1916 & 1903 marks.
please note that financial markets can be unpredictable, and it's essential to consider various factors and perform thorough analysis when making trading decisions.
If you like our analysis, then you can boost our posts. You can leave a comment in the comment section.
Good luck and best wishes to everyone.
Trade active
Lets GoNote
XAUUSD SELL Zone 1937-40Take Profit : 1930
Take Profit : 1923
Stop Loss : 1950
Invest wisely - Your profit is our success! 🚀
Note
Running 20+ pipsNote
Running 40+ pips Your profit is our success!
Note
Wow Running 60+ pips Pro Work Only MsPro TradingNote
First FULL TP 80+ pips Successfully Achieved Gold Moving Like We Said Pro Trading Only MsPro Trading
Your profit is our success!
Trade closed: target reached
Full Target Achieved TP2 SUCCESSFULLY COMPLETED 170+ pips Your Profit is our success!
Trade closed: target reached
1916 Target Done 230+ pips Successfully AchievedYour Profit is our success!
Trade closed: target reached
As we said that our target of 1903 will definitely be met, so see 1903 gold has been hit. Congratulations to all who trusted us and traded with us.330+ pips done ✅
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