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ElenaMayi
Apr 28, 2023 10:31 AM

GOLD 4H ( sell under 1988) Short

GOLD (US$/OZ)TVC

Description

GOLD

Analyze

As long as price trade under 1988 - 1999 the price will be under sell pressure

under 1988 it will help the price to reach 1972 and if can stabilized under 1972 then it will reach 1954 and 1939

above 1999 it support the price to get 2011 and if can stabilized above 2011 then it will reach 2024 and 2046

the movement will be between 1988 and 1972 until stabilized

support line :1972 , 1954 , 1939
resistance line : 1988 , 1999 , 2011

any retest to 1988 you can sell it with low risk

Sell under 1988
TP : 1972
TP :1954
Exit position above 1992
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