ASCENS10N

GOLD: Bull Trap

Singkat
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We are seeing a failed attempt at a bullish breakout over the past two weeks.

Price has broken a consolidation support zone of 1721.

We can likely see 1700/1680 next.
Komen:
The first TP is hit. The price action is still very bearish, we could likely see 1680 next.
Komen:
We are seeing some form of support forming around this region. We can likely see price range around this level before breaking upwards.

We will close out the short here at a +170 pips profit and wait for a long setup to show up.
Dagangan ditutup: sasaran tercapai:
1680 has been hit. Price should find support at this level, but do not be in a hurry to buy.
Penafian

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