GOLD came the bottom of its bearish channel
Hello to all,
Gold came the bottom of its bearish channel. The trend is still strong-bearish and i don't hurry to get a long position. First i wanna see a bullish impulse before get a long position. 1763 is fibonacci 50 level and if it break, i'll short it again till 1690.
I'll share scalp tryings for gold in smaller timeframes. Please go on to follow.
If you find it useful, please support this idea with LIKE.
In the analysis I published, 1H and smaller periods are based on the scalping strategy. Periods of 4H and greater are analyzed with the swing trade strategy.
Gold came the bottom of its bearish channel. The trend is still strong-bearish and i don't hurry to get a long position. First i wanna see a bullish impulse before get a long position. 1763 is fibonacci 50 level and if it break, i'll short it again till 1690.
I'll share scalp tryings for gold in smaller timeframes. Please go on to follow.
If you find it useful, please support this idea with LIKE.
In the analysis I published, 1H and smaller periods are based on the scalping strategy. Periods of 4H and greater are analyzed with the swing trade strategy.
