ForexWizard01

GOLD is setting for big drop!!

ForexWizard01 업데이트됨   
TVC:GOLD   골드 (US$ / OZ) CFDs
Hello traders,
Below is my idea on GOLD and how we can trade.

GOLD 4H has broken out of local triangular bearish price action after a liquidity grab at the top multiple times creating a series of lower highs. As the long-term trend is bearish, with a previous weekly bearish engulfer, the price is highly likely will continue to drop to and a sell trade on the retest of previous support as resistance is highly probable.

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