PiPumer

Falling of GOLD until which level?

TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello Friends,
Here in GOLD we are focusing on bears as due to its trend coming from behind is of bears so our Analysis here is about how we will be catching the next bear impulsive move for trading. Firstly i'm considering the testing area where it is now so from here we will focus on getting the high position of a candle to do bear trading for high profit, so we will keep patience for it little fly & start trading on bears. I'm considering the area 1800 approx from where it will fall around the area 1770s. After it i have mentioned the area 1740s as the second hit because of its keeping the bear trend to complete its structure.
whereas for bulls if Gold go up again around 1810s the possibility for bulls to be in control of market will increase so in that case it will be hitting the area 1830s in the rectangle zone.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.

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P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
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