GOLD - Still bearish ✅
Updated
Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to go a little bit higher to fill the imbalance and then to reject from bearish order block. My target is sell side liquidity around 2000 price level.
Fundamental news: Upcoming week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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‼️ This is my perspective on GOLD.
Technical analysis: Here we are still in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to go a little bit higher to fill the imbalance and then to reject from bearish order block. My target is sell side liquidity around 2000 price level.
Fundamental news: Upcoming week is full of news in USA. Firstly on Wednesday we have Interest Rate followed by FOMC Conference, then on Friday NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
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