Confused Bearish View for gold
Gold showed the bearish trend in WEEKLY and DAILY timeframe and bullish trend in 4H timeframe. Yellow box/lines indicates the Sell zone POI for gold.
Hoping for gold to rise till the sell zone POI and then fall again till 1850.
Sell zones are
1853.30 - 1857.65
1863.80 - 1867.05
1901.05 - 1907.50
1926.05 - 1930.05
Target for this will be around 1832
Expecting gold to rise till sell zone.
As described in last week analysis for gold:-
[ Another buy zone will be around 1820 (blue box)... Price reacted from this zone and rising ]
Overall Bearish View in Gold.
Hoping for gold to rise till the sell zone POI and then fall again till 1850.
Sell zones are
1853.30 - 1857.65
1863.80 - 1867.05
1901.05 - 1907.50
1926.05 - 1930.05
Target for this will be around 1832
Expecting gold to rise till sell zone.
As described in last week analysis for gold:-
[ Another buy zone will be around 1820 (blue box)... Price reacted from this zone and rising ]
Overall Bearish View in Gold.
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