ElenaMayi

GOLD 4H ( sell under 1831)

TVC:GOLD   골드 (US$ / OZ) CFDs
GOLD

Analyze

Generally the direction is downtrend as long as price trade under 1859 - 1863
also price under sell pressure but if can price stable above 1841 by 1H candle the price will try to retest to 1850 and 1859 then will drop again , the main condition to continue at the bearish zone is stabilized under 1831 then will try to get 1824 and 1813

for any reasons if price can stable above 1863 by 4hH candle then the direction will be uptrend and will finish all downtrend try and our target will be 1871 , 1878 , 1889

support line : 1831 , 1824 , 1813
resistance line :1850 , 1859 , 1863

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