Resistance is strong. But I do not see strong breakout reversal pattern. Most likely to break the resistance and move down. I will still be on Bearish side for this week and probably next week.
If everything goes well, Gold will be following Fib trend. Of coz, there will be a revision on Tuesday 27Sep if it is the case.
wait for the right entry. Be careful about stoploss and the wick
going to touch the resistance line above.
going for a dive here.
definintely shorting at this moment.
in the zone for swing trades then may be a bearish movement.
there is a berakout possible in near future
will go for short
Short when it touch 200MA
bearish at this moment.
Look like a downtrend is going to happen soon.
I would be waiting for the right time to go short.
consolidation period with Short Opportunity ahead I could be wrong here
its gonna respect Fib. will be in bear trend with bounce back up to 50%-61% region.
be careful of a spike
currently in Sell trend. Look for places to sell. -- will eventually breakout for down trend. if all conditions met.
a bounce back to trading zone. after that check again for zone Shortterm Long position
