GOLD - LONG - THE RALLY OF THE YEAR
📍 10+ years experience in markets 📍Professional Stock market and Forex trader 📍 Supply/Demand Zones 📍 Frequent updates 📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks 📍Real time updates
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
⏳ weekly chart analysis
Trading with a bullish channel formation -
The month of December started with a positive week and this led to a huge month rally - the history says that Gold always go up in Jan and why? I don't have an idea - the corrective face of gold is completed and is getting shorter on a day to day basis -
Now we may or may not - have a large bearish wick between 1834 to 1824 - if that did not take place this weak - it might take place in next weak - and eventually it is going up
This is not a financial advise and market can change course at any given point - risk only what your account can handle
A correction is possible with plenty of room to move lowed without impacting the trend higher - ]
Looking to buy at dips
📒 Retracement to support area
📒 Analysis / Trade Setup / Long and then short
± Short-term Bearish # Long term-Bullish
± Support and Resistance in play
± Major Falling broken
± Bullish trend reversal
± Go long for more pips
± HAPPY TRADING
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
⏳ weekly chart analysis
Trading with a bullish channel formation -
The month of December started with a positive week and this led to a huge month rally - the history says that Gold always go up in Jan and why? I don't have an idea - the corrective face of gold is completed and is getting shorter on a day to day basis -
Now we may or may not - have a large bearish wick between 1834 to 1824 - if that did not take place this weak - it might take place in next weak - and eventually it is going up
This is not a financial advise and market can change course at any given point - risk only what your account can handle
A correction is possible with plenty of room to move lowed without impacting the trend higher - ]
Looking to buy at dips
📒 Retracement to support area
📒 Analysis / Trade Setup / Long and then short
± Short-term Bearish # Long term-Bullish
± Support and Resistance in play
± Major Falling broken
± Bullish trend reversal
± Go long for more pips
± HAPPY TRADING
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