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ApexBull
Jun 24, 2021 9:41 AM

GOLD - MASSIVE ORDERFLOW PRICE WALL & TRENDLINE SUPPORT #TRADING Long

Gold/U.S. DollarFXCM

Description

GOLD IS LIKELY TO START BOUNCING AROUDN THE TREND LINE AREA WHICH IS SUPPORTED BY MASSIVE VOLUME TRADED THERE PREVIOUSLY AND LIKELY PLAYERS WHO TOOK THE PRICE UP FROM THE LAST DOUBLE BOTTOM (SAME AREA) WONT EASILY BE PUSHED THROUGH BY THE SHORTS. A BOUNCE FROM TRENDLINE IS THUS MORE LIKELY THAN A PUNCH THROUGH.
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