What to expect from gold - let's see the chart.
- downtrend on H1
-resistance on H1
-61.8% of the last move
-reversal candles
All those basis as well as what we currently see present to us a good sell opportunity.
While price is still below previous highs there's only one direction - down. That means we should be using stop loss and looking for targets at 1775.
When you analyse the market don't look at it from an emotional point of view, but be rational!
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
- downtrend on H1
-resistance on H1
-61.8% of the last move
-reversal candles
All those basis as well as what we currently see present to us a good sell opportunity.
While price is still below previous highs there's only one direction - down. That means we should be using stop loss and looking for targets at 1775.
When you analyse the market don't look at it from an emotional point of view, but be rational!
👍 Please support this idea with like and comment so we can help more people together.
Thank you in advance! 🙏
Comment:
27.07.2021
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