Possible retest to low weekly trendline..
Hai guys,
Weekly close above 1670+ area which act as support for now. what we want to see is little bullish mode into upside to retest the weekly trendline 1714 maximum.. we will monitor on H4 TF , for our short entry with a good risk and reward TARGET PRICE 1620-1600.. but if it break and stay above 1715-1720 , possible it will climb into 1800.. For now I interested into short entry due to Stock market rising and re opening economy from some countries. REMEMBER be persuasive not predicting . FOLOW THE MARKET
SORRY FOR MY MIC GOOD LUCK , REMEMBER GOLD WILL NOT FOLLOW 100% EVEN 30% OF ANY ANALYSIS. BUT WE CAN USE IT AS A GUIDELINE.. BEST OF LUCK
TRAP AREA FOR SELLER 1672 ,1785
TRAP AREA FOR BUYER 1700++
Weekly close above 1670+ area which act as support for now. what we want to see is little bullish mode into upside to retest the weekly trendline 1714 maximum.. we will monitor on H4 TF , for our short entry with a good risk and reward TARGET PRICE 1620-1600.. but if it break and stay above 1715-1720 , possible it will climb into 1800.. For now I interested into short entry due to Stock market rising and re opening economy from some countries. REMEMBER be persuasive not predicting . FOLOW THE MARKET
SORRY FOR MY MIC GOOD LUCK , REMEMBER GOLD WILL NOT FOLLOW 100% EVEN 30% OF ANY ANALYSIS. BUT WE CAN USE IT AS A GUIDELINE.. BEST OF LUCK
TRAP AREA FOR SELLER 1672 ,1785
TRAP AREA FOR BUYER 1700++
Komen:
So far so good.. sell limit increase to 1719.. goodluck