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ForexTrendline
Aug 25, 2021 12:37 PM

Short term pump on GOLD  Long

GOLD / U.S. DOLLARICE

Description

Right now price is pretty much moving nowhere without making any certain moves.
That's why we're currently looking for short term opportunities.

In conditions like this it's better to stay away or to risk less, because direction could change real quick.

So here on GOLD, we're expecting to see reaction of of the support and price heading to 1826.

This will be a decent opportunity right now.

This setup won't be valid if we see a breakout of the 1775 level.

If you wait for a strong bullish candle, you will have even more confirmation.
Comments
ShawnMCR
Thanks for sharing
ForexTrendline
@ShawnMCR, you're welcome, all the best!
Helical_Trades
Nice chart mate🔥
ForexTrendline
@Helical_Trades, thank you!
KlejdiCuni
Well done!
ForexTrendline
@KlejdiCuni, thanks a bunch!
Yushghost
Great charts, my person scalping strategy is emphasised by short term analysis like this so its much appreciated. keep up the good work!
ForexTrendline
@Yushghost, we make sure to guide our members as to what to look for during the day, thanks!
ProSignalsFx
Great chart man!
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