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WicktatorFX
Nov 24, 2020 1:45 PM

GOLD - Great SHORT set up. 2 High Probability areas 

GoldOANDA

Description

Watch for price action in the 2 areas marked.
Comments
MFK2210
looks correct
WicktatorFX
@MFK2210, Thanks
mohammedyt786
@Wicktator, Hey, how do you feel with the current area that price is in as there has not been any pullback yet ,so do you expect a continuation down to 1750 levels. thanks for your analysis.
WicktatorFX
@mohammedyt786, The market moves in cycles. Impulse, correction, impulse correction. We're currently in an impulse and there needs to be an exhaustion period where price should pullback. Ideally the correction takes us back to the zones marked and there we can take a trade to continue the downtrend
forexboat
Thanks for sharing your thoughts. @Wicktator
WicktatorFX
@forexboat, Thanks cap
UnknownUnicorn2319293
Nailed it
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