If gold want to be manipulate short again. I think current level is a good zone to find sell entry point for swing setup. Entry must be complete with SL and break even if the entry start to gain profit.
First TP at 1835-1816 zone and after that price will start to retest 1853-60 zone ( Entry buy for scalping or BE ) Buyer will think price is respect the inverted HNS and start to shoot. If price break this ( 1853-60 ) zone then this analysis is fail. But, if price can return back to 1835-16 zone the the percentage of bearish will be more higher.
Price will be raging at this level the start to go deeper below 1800 level and buyer start to feel trap.
This is my personal view of gold. This setup is very high risk since the sentiment still very bullish for gold. please DYOR.
First TP at 1835-1816 zone and after that price will start to retest 1853-60 zone ( Entry buy for scalping or BE ) Buyer will think price is respect the inverted HNS and start to shoot. If price break this ( 1853-60 ) zone then this analysis is fail. But, if price can return back to 1835-16 zone the the percentage of bearish will be more higher.
Price will be raging at this level the start to go deeper below 1800 level and buyer start to feel trap.
This is my personal view of gold. This setup is very high risk since the sentiment still very bullish for gold. please DYOR.
