GOLD: Potential Scenario and Bearish Forecast

hey traders,

after reaching 1440 level we see a clear weakening bullish momentum on gold.

with consequent lower highs and rsi divergence, I anticipate a formation of a descending triangle
with the sequence of new lower highs.

many times bears will push the market to 1380 structure support and most likely we will see a bearish breakout
with bullish trend violation.

if I see a bearish breakout I will follow a trading plan that I have recently posted.
just check the related ideas.

good luck

Catatan

Seems like we will see a bearish leg down to support

VasilyTrader

✅My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel: youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker

Juga di:

Publikasi terkait

GOLD: Exhausted Market and Bearish Continuation

oleh VasilyTrader

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.

VasilyTrader

✅My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel: youtube.com/c/VasilyTrader

✅ Facebook: facebook.com/VasilyTrading/

⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker