thomasabisolom

thomasabisolom

since we inroduce bearish trend but price didnt confirm it hence am waiting to see some kind of retacement to thT KEY LEVEL WE IDENTIFIED

thomasabisolom

on this pair it nice if we will see pull back to our target point where wil confirm bearish trend or invalidate our bias

thomasabisolom

since we manage to catch bullish momentum but price retrace back near our entry but still we are waiting to see price pushing again bullish as shown on chart until we activate H4 trend as shown

thomasabisolom

regarding on EURUSD n GBPUSD we are not yet confirmed the bearish trend hence we have a high probability on GOLD to retrace back before pushing down again also keep pushing down its posible as continuation of trend beginning

thomasabisolom

after starting new bearish trend price didnt confirm that bearish momentum henc we are waiting to see retracement before going short

thomasabisolom

after a fast momentum bearish we anticipate some kind of pull back to retrace key level mentioned on chart als there is probability of keep pushing to the down side

thomasabisolom

analysis