Gold sell opportunity coming soon then followed by a buy

Hi, #XAUUSD is going to face the strong resistance of the red line that’s when we are going to look for a sell order and we are expecting it to bounce back to the buy entry zone at the yellow line. Yellow lines are meduim S/R while cyan are stronger than yellow and red being the strongest and green being the unbreakable zone while pink is the weakest.

Let me know what you guys think about this SNR technical analysis. Thank you

评论:

Analysis failed due to News and Covid hitting!
It did go down as expected but it went high first so rip
Goodluck!