What happen To Gold Is This A Pullback?In My Opinion Gold Need To Take The 4H FVG To Confirm Liquidity To Get More Sell But Gold Will Test Again 2318 Area And Will Short Sell To 2400 While Confusing retail Traders And Will Buy From 2400 Area To Back Nonstop 2440 To Get The FVG Then Will Happen What Need To Happen.
Will See In The Future
Xsuusd
Has gold reversed at the bottom 200 DMA goes positive?The 200-moving average has turned green lately, meaning gold may have bottomed out recently.
This is fantastic news for all of us who love trading gold. It's a sign that the market is shifting in our favor, and we may have great opportunities to make money.
So, if you're looking for a reason to consider trading gold right now, this could be it! With the 200-moving average turning green, there's a good chance we could see some significant gains soon.
I encourage you to look closely at the market and see if any opportunities interest you. Don't be afraid to take a chance and make a trade – after all, the market is constantly changing, and there's always a chance to make a profit.
So, let's all celebrate this exciting news and keep an eye on the market. Who knows what opportunities may be just around the corner?
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GOLD: the movement has finally begun! reasons for the fallYesterday gold finally moved off dead center - resistance zone 1735.45 in which the price stood for almost two weeks. I have to update my previous forecast, because, contrary to my expectations, the price did not begin to rise to resistance and immediately began to fall.
The main reasons for the fall are 3:
- General downward trend amid world news
- Strong resistance zone consisting of two lines from August 2020.
- Lack of resources for growth due to a long pause at the zone without additional support.
Now you can expect it to drop to support 1677.45.
SL - 1732.12.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.