GOLD STILL BULLISH!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GOLD Quick update.
As we can see price recently rejected our massive resistance zone and traded lower.
However, price is still overall BULLISH trading inside a RISNG channel.
Why!
price is still making clean higher highs and higher lows!
Moreover, as the price will be approaching our lower rising trendline marked, we will be looking for new longs as a trend-following setups.
Unless price managed to trade lower, then a movement lower would be expected till the next support zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
GOLD Quick update.
As we can see price recently rejected our massive resistance zone and traded lower.
However, price is still overall BULLISH trading inside a RISNG channel.
Why!
price is still making clean higher highs and higher lows!
Moreover, as the price will be approaching our lower rising trendline marked, we will be looking for new longs as a trend-following setups.
Unless price managed to trade lower, then a movement lower would be expected till the next support zone.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.