Chart Learner

GOLD FINDING 1851

The srtuctural formation of the current trend is leading the Gold price downward.

Therefore I am so adamant that the Gold is looking for 1851 in weeks to come. Let's just wait and see.

All you have to do now is, slip in the opportunity to Sell whenever possible.

Chiao!

GOLD MONDAY MULTI TIME FRAME

A nice Dabel Maru formed in H4 today, 4 September 2023.

Since the structure on H4 has all been perfectly broken, where we could see the previous demand zone is taken over, the Dabel Maru area is the place we should anticipate.

Going down further to H1, we can see a formation of Bearish Engulfing exactly at the Drop Base Drop area--hiding a setup in Lower Time Frame.

It is proven when we could see the formation of SNRC2 setup at the same Bearish Engulfing position, thus confirming the Dabel Maru to be the worthy area to trade for.

Given the fact that the price is now heading up, I believe it would definitely collect some order from this area before dropping down to pursue its bearish journey.

Let's see how this analysis goes.