Gold overview plan 18 January
Trend H4 & H1 Bullish
Support (last wave) 1209.40
Support (Structure) 1208.74
Scenario 1 : wait price action at support, Long opportunity TP 1218-19
Scenario 2 : Buy on Breakout Resistance 1219 TP 1224-30
Last PA : bearish divergences (no impact)
Support (last wave) 1209.40
Support (Structure) 1208.74
Scenario 1 : wait price action at support, Long opportunity TP 1218-19
Scenario 2 : Buy on Breakout Resistance 1219 TP 1224-30
Last PA : bearish divergences (no impact)
Note
scenario 1 likely in playNote
market sideways,, this turns into rectangle patternscenario 2 likely in play
Trade closed: target reached
Entry Short on Support break,, Rally Base, DROP!!
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