GOLD is close to strong Support/Resistance,When to BUY!...
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GOLD
The price is approaching strong support/resistance level,previously the level acted as strong support for the price,after reaching the level there is a chance that price might pullback tp atleast $1589 levelwait for the price to reach the zone and if price gives any bullish signal,look for buy opportunity,In case,If price do not give any bullish signal then don't take entry and wait for another opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish 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
The price is approaching strong support/resistance level,previously the level acted as strong support for the price,after reaching the level there is a chance that price might pullback tp atleast $1589 levelwait for the price to reach the zone and if price gives any bullish signal,look for buy opportunity,In case,If price do not give any bullish signal then don't take entry and wait for another opportunity..
For Entry:
Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy..
Trade it with proper Sl..
Take Entry only after price gives Bullish 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.
Comment:
Comment:
Price dropped in the zone and bounced as I expected..
Trade closed: target reached