Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Short : 1515/17
Take Profit : 1504 / 1496
Stop Loss :1522
Gold 0.06% has reached a strong resistance level on H4 chart . Also it pushed up to the trendline which confirms that market can drop more..
Pinbar on H4 Resistance shows the weakning of the Market..
On H1 :
It reacted 3 times to the resistance level .. Also double top was formed which confirms the reversal of the Trend..
Next Daily Support and Resistance...