2112 P3/8 GOLD sell on 4h chart but buy on weekly chart.
Gold is meeting pressures from the green trend line , the middle line of BB and also left pressure green zone .
But the market is not willing to let it down still.
And I am so doubt that this will happen very soon in the last week of 2019.
As we still could not find any strong confirming bear signal on weekly and daily chart. So probably on 4h chart, will see some small range drawdown from pressure zone .
Dont forget for the last several years, gold always rally up in the 1st season of a new year.
Good luck on both direction.
And still I prefer to sell on 4h chart but buy on weekly chart.
LESS IS MORE!
But the market is not willing to let it down still.
And I am so doubt that this will happen very soon in the last week of 2019.
As we still could not find any strong confirming bear signal on weekly and daily chart. So probably on 4h chart, will see some small range drawdown from pressure zone .
Dont forget for the last several years, gold always rally up in the 1st season of a new year.
Good luck on both direction.
And still I prefer to sell on 4h chart but buy on weekly chart.
LESS IS MORE!
