GOLD AROUND A CRITICAL ZONE

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

If you like the idea, do not forget to support with a like and follow.

GOLD AROUND A CRITICAL ZONE.


As we can see price is still trading inside this flat broadening wedge pattern, Adding on price is sitting around a massive resistance zone, where we will be looking for new bearish movements.

Meanwhile, from a shorter-term perspective, price is still overall bullish trading inside this channel, and as per my trading plan, I will be waiting for a new swing low to be formed around
our rising trendline then a break.

Until that price is still overall bullish and price can still trade higher.

And if we had a clean momentum candle close above our resistance zone, then we can expect a further bullish movement to be recording new all-time highs.


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!
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