Although many people are just looking for when to BUY gold, it is in a downtrend on H4.
In addition, it is currently facing serious resistance, which we expect to push back the price.
The price will be able to form new bottom at1667!
The minimum stop must be above 1764. This allows for a current ratio of 2: 1.
For a better ratio, you can go on a shorter period and look for an reversal.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
In addition, it is currently facing serious resistance, which we expect to push back the price.
The price will be able to form new bottom at1667!
The minimum stop must be above 1764. This allows for a current ratio of 2: 1.
For a better ratio, you can go on a shorter period and look for an reversal.
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
