In my opinion gold is making a confirmation to come up back for the following reasons:
1- A D1 Shooting Star
2- Double buttom pattern on H1 chart
3- the price tried to pass the support of 1777-1880 a couple of times and got rejected
I think tommorow the price will try to pass the support again and if it fail to pass it the price will rise, but it has to break the 1996 level first.
Personally i will order a buy limit at 1880 with a small SL at 10$ below (the H4 ATR).
Please dont depends on any other trading decision, rather, see several ideas and oppisite views to build your personal analysis and decision. Personally, there are so many great analysists here that i get advantage of there views
1- A D1 Shooting Star
2- Double buttom pattern on H1 chart
3- the price tried to pass the support of 1777-1880 a couple of times and got rejected
I think tommorow the price will try to pass the support again and if it fail to pass it the price will rise, but it has to break the 1996 level first.
Personally i will order a buy limit at 1880 with a small SL at 10$ below (the H4 ATR).
Please dont depends on any other trading decision, rather, see several ideas and oppisite views to build your personal analysis and decision. Personally, there are so many great analysists here that i get advantage of there views
