hello guys. i shared an idea about the drop of gold sep 21 and it trend on it nicely. but for now i am paying attention to this zone for a buying opportunity use engulfing candle in 4h time frame for confirmation or 1h double bottom. pay attention to price 1810-1820 and 1865 and 1880 for targets
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the price just form double bottom pattern on the 1h time frame, and it even makes it to break the double bottom resistance @1785 it is safe right now for buying
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as expected the price make it to the zone of 1810-1820, so you should pay attention for it. though the price has high potential to break it but it may give a pullback before doing so.
Gold Weekly Price Analysis – December 05 Further increase in the bulls’ momentum may push the price to penetrate the $1,850 level, then, the resistance of $1,901 and $1,935 will be the target. In case the $1,850 level holds, the price will reverse and may face the support levels at $1,811, $1,778, and $1,741. XAUUSD […]
Legend_yy_chazali
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@jack112877 wow that's what I'm paying attention to