Hey traders,
This week was very bearish for Gold.
With a high momentum bearish candle, the price violated a key daily demand zone.
Now 1770 - 1787 structure cluster is turned into a supply zone and its occasional test may give us a great shorting opportunity.
Your plan for next week is the following:
1 - Let the price reach that zone first (we do not predict that it will, rather we apply the "IF" statement here)
2 - Look for a confirmation within that zone to short (by confirmation we mean a reversal pattern on 4h/1h time frames)
3 - Sell the market expecting a bearish move to 1729 next key support.
Good luck!
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✅My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.