as long gold remains above 1830 better not think about selling ,like you see the bullish structure is well respected ( HH,HL) , gold now has the potential to break above 1842 and push farther to the major bullish targets such as 1850/1860/1870 levels .
if gold breaks under 1830 i think it will consolidate between 1830/1813 levels before taking it's decision to pump or fall .
bearish scenario will occur if the bullish structure gets deformed and price goes and breaks under 1813/1810 levels that where the safest sell at .
reminder : this is not a financial advise , the analysis is for pure educational purposes and to help you shed some light on gold chart, please do your own researches as well before taking actions , i always remember to not forget about your money management .
i'll share some sniping entries when ever possible .
what is a sniping entry? : it's a long or short call idea that i see possible and post to help people grow a bit .( not a signal )
how can you benefit from it ? : it's better to have same view as my sniping ideas and more importantly need to well manage your trades when executing ( especially your stop lose).
important note : your trades are your only indispensability remember how dangerous this market is , stick to your own plan of trading and use well your money management especially for gold .
i might as well share straight signals from time to time as well .
if you like my work please hit the like button and comment your thoughts bellow i'll be happy to chat with you guys about this chart and that would help my profile to grow as well.
if you aren't following please make sure to do so you get notifications of my update at time .
cya real soon enjoy your week end .
if gold breaks under 1830 i think it will consolidate between 1830/1813 levels before taking it's decision to pump or fall .
bearish scenario will occur if the bullish structure gets deformed and price goes and breaks under 1813/1810 levels that where the safest sell at .
reminder : this is not a financial advise , the analysis is for pure educational purposes and to help you shed some light on gold chart, please do your own researches as well before taking actions , i always remember to not forget about your money management .
i'll share some sniping entries when ever possible .
what is a sniping entry? : it's a long or short call idea that i see possible and post to help people grow a bit .( not a signal )
how can you benefit from it ? : it's better to have same view as my sniping ideas and more importantly need to well manage your trades when executing ( especially your stop lose).
important note : your trades are your only indispensability remember how dangerous this market is , stick to your own plan of trading and use well your money management especially for gold .
i might as well share straight signals from time to time as well .
if you like my work please hit the like button and comment your thoughts bellow i'll be happy to chat with you guys about this chart and that would help my profile to grow as well.
if you aren't following please make sure to do so you get notifications of my update at time .
cya real soon enjoy your week end .