GOLD POSSIBLE 1000+ PIPS SELL COMING
Shalom Wadu Community,
In this Video we are taking a quick look/analysis on the Price Action of Gold! We Are Still trading under a massive resistance trendline where we do expect sellers to come in around the 1920-1940 Area. As of now and within the past 2 weeks we have been trading inside of a channel. Currently we are at the bottom of the channel , and are looking for at least possibly 200 pips up to test the top of the channel as well as the heavy resistance down trendline. This is a very important time for Gold. Overall I am BEARISH until Gold breaks above 1940's with Nice Volume on an Impulse Move
In this Video we are taking a quick look/analysis on the Price Action of Gold! We Are Still trading under a massive resistance trendline where we do expect sellers to come in around the 1920-1940 Area. As of now and within the past 2 weeks we have been trading inside of a channel. Currently we are at the bottom of the channel , and are looking for at least possibly 200 pips up to test the top of the channel as well as the heavy resistance down trendline. This is a very important time for Gold. Overall I am BEARISH until Gold breaks above 1940's with Nice Volume on an Impulse Move