Hello
I hope you have used and benefited from the previous analysis
Gold has formed an interesting situation in the 4-hour time frame, which indicates the downward trend in the future.
After reaching the resistance of 1810, the price formed an evening star and a new ceiling and moved up to 1797. After that we see a negative divergence. which indicates the continuation of the downward trend. We can expect 1780 and 1760 in the near future.
I hope you have used and benefited from the previous analysis
Gold has formed an interesting situation in the 4-hour time frame, which indicates the downward trend in the future.
After reaching the resistance of 1810, the price formed an evening star and a new ceiling and moved up to 1797. After that we see a negative divergence. which indicates the continuation of the downward trend. We can expect 1780 and 1760 in the near future.
Comment:
Update...
Trade closed: target reached:
First tp hit! and my sell position was closed with +260 pips.
