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SroshMayi
May 19, 2023 10:13 AM

GOLD 4H (the bearish tendency) Short

GOLD (US$/OZ)TVC

Description

GOLD

Gold price presents new negative trades
So stability above 1973 will support the rising to get 1987 and 1999

but now as long as trading under 1973 will be bearish to touch 1953 and 1935, Therefore, the negative scenario will active to reach 1935 and under it will touch 1920, especially breaking 1953 by closing 4h candle under it


pivot price: 1973
support price: 1953 & 1935 & 1920
resistance price: 1987 & 1999 & 2012

the movement range for today will be between 1973 and 1953

Tendency: Bearish
Comments
AlloysK
1978 is my magic number today... that's the turning point
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