PiPumer

GOLD Supports Correction (Reversal or Trend)

TVC:GOLD   CFDs sobre oro (USD/OZ)
Hi Friends
Here in This Analysis we can have the two possibilities the Bullish or the bearish Move. So firstly we're focusing on Bull as it is the support Area where it is in Correction as well as it has completed its cycle which started from the same area. So a bullish move is possible same in history it has done. But also if We see the Impulsive move of bearish then we've to go at bear considering that the support will be broken soon as the bear is strongly in control of market as seen last week. So, we should probably wait fro the confirm support breakage to take the bearish trade. All the rest things is mentioned in the Analysis to have you the mind which side to go & when to enter.
I HOPE IT HAS GIVEN YOU THE IDEA ON TRADING GOLD. goodluck guys.
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