If short doesn't go to plan will look for a buy. Will look for bullish candle to open up above 1500 resistance. Expect will rise to 1512 area where previous highs were.
If bull rejects 1516.71 resistance which it has done 3 times recently could see bearish movement down to 1498.78 support. Pick me up on anything I have done wrong so I can critique it.
Im a newbie, can i know will gold price drop within this week?
JohnLiv
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no criticism here, nice analysis of the trade
Adz_Tradez
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@JohnLiv, Thank you if you have time would appreciate if you looked at my other ideas.
JohnLiv
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@Siney19, I have looked at all your charts and consider them showing good clear analysis, 2 idea's reflected similar views and should be in the same chart, 30 min is a low time frame, but sying that @Captain_Walker who is more the educator, I can only view, he gives direction
Adz_Tradez
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@JohnLiv, Okay thank you for the feedback, would a higher time frame be more suitable ?