Fazm
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Fazm
Gold has been in a bearish flag since 5 days , it just matter of time when , Either FOMC or NPF will push it lower towards TP1 2269 and TP2 2220 area. It is still over all in bullish trend break higher can re-test 2430 area.
Fazm
Gold impulse move from1810 to 2010 ,short pull back , 2nd leg is coming up 2075 no fancy indicators pure price action.
Fazm
Potential shorting opportunity for gold the Head and Shoulder is developing on H1 and it has also tested previous weekly lows , Once the H1 closed below neck Potential neckline 1770 on the re-test of neckline can take us to the short side first TP of 1755-58 zone . its only valid its break below neckline 1770. If you like the idea plz comment and share with other.TP HIT
Fazm
After closing daily bullish engulfing it will rebound on daily W neckline around 1710 zone
Fazm
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