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ElenaMayi
Jan 31, 2023 7:24 AM

GOLD 4H ( downtrend under 1921) Short

GOLD (US$/OZ)TVC

Description

GOLD

Analyze

Generally the direction is downtrend because price trade under strong resistance zone 1921 - 1933 and now price will be under sell pressure but to be sure should price stable under 1915 then price will try to reach 1912 , 1905, 1899
for any reasons if price rise up and stable above 1921 then price will be at the sensitive zone and price will moving between 1921 and 1933

support line : 1912 , 1905 , 1899
resistance line :1921 , 1933 , 1947

Downtrend under 1921

target : 1905 , 1899
exit position :above 1921

Comment

hit profit about +40 pip

Comment

hit target 1 and still running

Trade closed: target reached

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