GOLD waiting for a trigger to sell!

2020年12月27日

Hello everyone, if you like the idea, do not forget to support with a like and follow.

on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes.

on H4: GOLD formed a wedge pattern in red so now we are waiting for our trigger to confirm the bearish movement.

Trigger: Waiting for a momentum candle close below the gray area to sell.

and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.

As price approaches our lower green support, we will be looking for buy setups.

Good luck!