As I predicted earlier, Gold dropped nicely.
The market is currently approaching a solid confluence zone:
we see a perfect match between a current daily low and a falling trend line.
From the underlined blue zone, I will expect a pullback.
Analyzing the price action on 4H, I spotted a falling wedge pattern.
While the price is trading within its boundaries, the market remains bearish.
Its bullish breakout will most likely trigger a correctional movement.
I will keep you posted.
Do you want me to record a detailed video for Gold on the weekend?
ā¤ļøIf you have any questions, please, ask me in the comment section.
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My Telegram Channel: t.me/VasilyTrading
āļøYouTube Channel: youtube.com/c/VasilyTrader
ā Facebook: facebook.com/VasilyTrading/
ā Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
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ā Facebook: facebook.com/VasilyTrading/
ā 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.