Hello Friends,
Here in GOLD firstly we have a RESISTANCE & a Trend Resistance too so from here i'm considering Bears to be in control which lead the GOLD market back to 1720 again. Another thing is if we see it as pattern & cycle then it has to be rejected to go more up & fall as a swing move, as well as in cycle its has completed its bull cycle & the 2nd cycle like in chart as before one it'll fall back. Otherwise on the resistance breakout we're on bulls till the next resistance.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Here in GOLD firstly we have a RESISTANCE & a Trend Resistance too so from here i'm considering Bears to be in control which lead the GOLD market back to 1720 again. Another thing is if we see it as pattern & cycle then it has to be rejected to go more up & fall as a swing move, as well as in cycle its has completed its bull cycle & the 2nd cycle like in chart as before one it'll fall back. Otherwise on the resistance breakout we're on bulls till the next resistance.
I HOPE YOU'VE GOT SOME POINT OF VIEW ON HOW TO TRADE GOLD FOR NEXT MOVE.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
