Hello, according to my analysis of the gold market. There is a high possibility of a price drop. with a downward channel. There is also an engulfing candle on the daily frame. There is a strong entry for sellers . Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Your first analysis it seems to be happen, let's see
inv_market09
⋅
@hnoarang He returned to that area because there is liquidity in it. There is a stop loss for traders. In order to hit the stop loss and get them out of the market. before it goes down
hnoarang
⋅
@inv_market09 Of course, i hope finally it goes down
inv_market09
⋅
@hnoarang Do you have a sale deal in the gold market?!
hnoarang
⋅
@inv_market09 yes according to the first analysis in 4h timeframe