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stibo
2 jun 2020 18:49

GOLD SHORT Opportunity (S&D) Kort

OANDA:XAUUSD60
GoldOANDA

Beskrivning

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Very Strong and fresh supply zone on 1h timeframe.
The move down was definitely made by institutions because of the long red candles.

Wait for price action at the supply zone to confirm an entry.

Please leave a like to support my work. 👍

Thanks for reading,
stibo 🥦
Trend AnalysisSupport and ResistanceSupply and Demand
Kommentarer
XForceGlobal
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Spot on analysis. There is an extended bearish divergence on the weekly, which is hard to ignore.

Lingrid
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Way to go!)
Check my analysis))
stibo
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@Lingrid, awesome
ranabishi029
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nice dear
stibo
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@ranabishi029, thanks
FXCM
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thanks for this and nice call on the drop! do you still maintain your bias ? I have a bullish bias on gold now:
stibo
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@FXCM,thank you, my short term view is still bearish
Kaan_ARTAR
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Is it a bearish flag pattern ?
stibo
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@Kaan_ARTAR no
Kaan_ARTAR
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@stibo, m8 i hope u are sure bc i am in long position at 1745$. If it is a flag... oh my...
Mer