Gold Next Possible Move (confirming bearish Trend)

This is the Chart analysis done in 4H Time frame,

Sell opportunity in the gold (please see my yesterday 1D time frame chart Analysis)

* As per the Analysis, it is evident that the Gold has been rejected from 1808 level, which is exactly 61.8% of Fibonacci level of previous down trend. This indicates Gold may continue move towards down trend.
* As per the Analysis, it is evident that the gold is continuing its previous down trend.
* As per the Analysis, it is also evident that the Gold breaks its support (trendline for buy) (up trend from the last bottom i.e.1781) and retested it successfully and moving down to confirm its previous down trend.
* As per the Analysis, it is clearly seen in the Chart there is no major support in the way of bears, Hence, Selling Chances are very much high.
* As per the Analysis, it is seen a minor support located at 1732 (also the same is 61.8% of Fibonacci of previous uptrend,) which may be first target to bears to test and break. Another Minor support located at 1718-1728 which may be the second target and finally the major support located at 1678-1688.
* Finally, if the Gold breaks both minor supports, then it will be interesting to see whether bears will break 1680 or not.

Trading Tips:
Sell gold @1752
TP1: 1732-1736
TP2: 1718-1722
TP3: 1700-1708
TP4: 1680-1688

** Never risk more than 2% of your principal to follow any position.
Good luck.

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Trade active:

XAUUSD/GOLD SELL IS RUNNING WITH +180 PIPS... 🔥🔥🔥🔥🔥🔥🔥✅✅

Trade active:

XAUUSD/GOLD SELL TP1 WITH +200 PIPS... 🔥🔥🔥🔥🔥🔥🔥✅✅ DONE

Trade active:

XAUUSD/GOLD SELL TP2 WITH +300 PIPS... 🔥🔥🔥🔥🔥🔥🔥✅✅ DONE

Trade active:

XAUUSD/GOLD SELL TP3 WITH +520 PIPS... 🔥🔥🔥🔥🔥🔥🔥✅✅ DONE

Comment:

XAUUSD/GOLD SELL TP4 WITH +640 PIPS... 🔥🔥🔥🔥🔥🔥🔥✅✅ DONE

Trade closed: target reached