GOLD TREND-FOLLOWING

5月26日

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

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GOLD TREND-FOLLOWING. 📚


👉The price continues to trade within the confines of this ascending flat channel, consistently achieving new higher highs and higher lows

👉Moreover, as the price is approaching a strong fresh demand zone, then we will be looking for new longs as a trend-following, And yes price can still dive more lower to be approaching our lower rising trendline.

And as per my trading style, I will be zooming into lower time frame, to be looking for any bullish reversal pattern. 📚


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!