Please Support this Idea with LIKE if it is Useful....
GOLD Update..
The price is above support/Resistance level,laft friday's big selloff was supported by the support level around $1580 level the price recovered from that level and If price continue to hold the level as a support then there is a chance that we might get a good opportunity to Buy from that level,wait for the price to reach the support level and if price gives any bullish signal then look for buy opportunity,In case,If price breaks the support level then we can look for sell after a pullback...If price don't give any bullish signal then don't open trade and wait for another opportunity...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to BUY..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
GOLD Update..
The price is above support/Resistance level,laft friday's big selloff was supported by the support level around $1580 level the price recovered from that level and If price continue to hold the level as a support then there is a chance that we might get a good opportunity to Buy from that level,wait for the price to reach the support level and if price gives any bullish signal then look for buy opportunity,In case,If price breaks the support level then we can look for sell after a pullback...If price don't give any bullish signal then don't open trade and wait for another opportunity...
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to BUY..
Trade it with proper Sl..
Take entry only after price gives bearish signals..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.