DawnForex
@t_DawnForex
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DawnForex
As we can see gold has created Descending triangle pattern which lead the gold in more bearish momentum.
DawnForex
According to the SMC and FVG concept, I am seeing bearish momentum in Gold. We have to wait for the proper rejection from FVG to sell the GOLD.
DawnForex
Gold has taken support on its ORDER BLOCK and also created demand candle, which is giving us clear picture of bullish momentum.
DawnForex
I am seeing bearish momentum on Gold towards 3065.
DawnForex
As we all knows that Chin and US trade war bringing gold to more higher and I still believe that it may not pause. Better to look buying on every dip.
DawnForex
According to the recent development between Israel and Gaza, investors putting their money in GOLD and also the tariffs.
DawnForex
According to the fundamentals and technical analysis, I think gold may retrace to go more higher.
DawnForex
This Weekly forecast is based on D1 and H4 time frame. I have mentioned RBR (Rally Base rally) concept on D1 time frame but our setup is based on H4 time frame.
DawnForex
According to the H4 time frame, gold is in ascending channel and moving according to it. I believe that very soon we will see gold at all time high. Better to look buying opportunity on it.Target hits
DawnForex
In next coming Im looking bullish momentum on GOLD. As per the technical analysis GOLD took support from the Demand zone which is perfect to rise it.
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