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ProSignalsFx
Jan 16, 2021 8:54 PM

🏛GOLD FALLING RANGE↘️ FIRST UP THEN DOWN⏬ Long

GOLD (US$/OZ)TVC

Description


☑️GOLD is now stuck between the two levels horizontally
And between the two levels on the diagonal axis as well
I am feeling bearish, but the support confluence
Precludes swift downward movements in my opinion
I think gold will be falling in a kind of a falling range
Along the falling support line
So the local trading plan is a pullback long
But mid term I am bearish on gold

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Comments
Investroy
beautiful, thanks for sharing
KlejdiCuni
Beautiful setup!
megustadinerow
i hope it will break out this falling channel and go up
TheSignalyst
I totally agree and also posted a similar one last week. Thank you for confirming my view
FXtrades-gp
it's definitely a strong level, but this scenario is possible! thanks for sharing guys! :)
ProSignalsFx
@FXtrades-gp, yeah, appreciate!
ProSignalsFx
What do you say?
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