1305 XAUUSD update on 4h chart for lower target 1680
Hello traders,
Gold is on our weekly selling list.
Actually, it is a hard one to trade on lower timeframe chart these days.
Lets try it again here.
The big pic is still considered possible to go .
And gold has rised up to the green level which is considered as valid resistance on 4h chart.
As long as it is a valid resistance , gold might drop down again to test 1680 level first, 1660-1670 after.
1640 will complete the harmonic pattern if gold is not treat as a hedging asset for now.
Good luck as usual.
LESS IS MORE!
Gold is on our weekly selling list.
Actually, it is a hard one to trade on lower timeframe chart these days.
Lets try it again here.
The big pic is still considered possible to go .
And gold has rised up to the green level which is considered as valid resistance on 4h chart.
As long as it is a valid resistance , gold might drop down again to test 1680 level first, 1660-1670 after.
1640 will complete the harmonic pattern if gold is not treat as a hedging asset for now.
Good luck as usual.
LESS IS MORE!
ความคิดเห็น:
ความคิดเห็น:
Keep eyes on this weekly plan above with 4h chart of GOLD on this idea.
ความคิดเห็น:
Price is contracting.
