Buy & Sell scenario on Gold
Hello Traders,
I will share with you today my vision about Gold.
-MN chart, we can see that the price hit the resistance of 1557 and a bear candle.
-W1 chart, sellers win the fight at the resistance with a shooting star.
-D1 chart, we have an uptrend and a bearish divergence.
-H4 chart a possible Head and shoulders pattern.
Buy from support with first TP at 1520 and the second one at 1557.
Sell when it breaks the trend line and the support with first TP at 1450 and the second one at 1422.
Enjoy it!
PS: It's just my vision, make your own actions!
I will share with you today my vision about Gold.
-MN chart, we can see that the price hit the resistance of 1557 and a bear candle.
-W1 chart, sellers win the fight at the resistance with a shooting star.
-D1 chart, we have an uptrend and a bearish divergence.
-H4 chart a possible Head and shoulders pattern.
Buy from support with first TP at 1520 and the second one at 1557.
Sell when it breaks the trend line and the support with first TP at 1450 and the second one at 1422.
Enjoy it!
PS: It's just my vision, make your own actions!
Have a great day!