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SroshMayi
May 15, 2023 1:27 PM

GOLD 4H (2025 strong resistance) Short

GOLD (US$/OZ)TVC

Description

GOLD

Gold price presents new negative trades
So stability above 2025 will support the rising to get 2033

but still under it, Therefore, the negative scenario will active to reach 1999 and under it will touch 1987, especially breaking 2012 by closing 4h candle under it


pivot price: 2019
support price: 2006 & 1999 & 1987
resistance price: 2033 & 2047 & 2052

Tendency: Bearish

the movement range for today will be between 2025 and 2000

Trade closed: target reached

hit target +150 pip
next update...
Comments
Wamwiri
very informative.
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