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๐Ÿฅ‡Gold๐Ÿฅ‡ Falling with Bearish Engulfing Candlestick Pattern

1โ€ฏ790
Gold has been moving in an ascending channel for over 5 days.

Gold was able to break the lower line of ascending channel.

In the last 16 hours, gold started to complete a pullback to the ascending channel, the ๐Ÿ’กsign๐Ÿ’ก of the completion of the pullback is the formation of a Bearish Engulfing Candlestick Pattern.

I expect gold to fall to at least a ๐ŸŸขheavy support zone($1904-$1886.40)๐ŸŸข after breaking the ๐ŸŸขsupport zone($1922.6-$1919.60)๐ŸŸข

I expect gold to continue its decline to the ๐ŸŽฏtargets๐ŸŽฏ I specified in the chart.

Gold Analyze ( XAUUSD ), 4-hour time frame โฐ.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.

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์•กํ‹ฐ๋ธŒ ํŠธ๋ ˆ์ด๋“œ
๋…ธํŠธ
Gold is completing a pullback to the broken ๐ŸŸขsupport zone($1922.6-$1919.60)๐ŸŸข.
๊ฑฐ๋ž˜์ฒญ์‚ฐ: ํƒ€๊ฒŸ ๋‹ฟ์Œ

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