GOLD in a technical pullback format after breaking the descending channel and reaching resistance 1728.5 falls to the support of the local range 1660.
What do you want to see next?
1) Long scenario: The gold is in the risk zone, because the price channel was broken earlier, but there was no confirmation of the trend change, but there might be a potential to break the resistance at 1688. In that case our target will be the liquidity zone of 1728.3
2) Short scenario: we have a strong bearish trend on the global chart, the price updates the global lows and the movement after testing resistance 1728 coincides with the direction of the pullback. The price can go down from consolidation under sellers’ pressure. In that case, the support area of 1628 will be the target.
No Repaint or Replot Formula
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Easy and Fast Trades on different time frames:
We integrated the “underlying trend” filters into the indicator’s algorithm, so it only detects the setups in direction of the underlying trend…
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Indicator Does not Repaint of Replot on charts.
As you have already noticed it works on any market Forex, Crypto, Stocks & Indexes.
Here’s what you will get when you join…
Software – You will get a full non-expiring lifetime version of the exact software with the same settings that I used to execute all those winning trades that I just showed you.
Support – I want to see you thrive at trading. And that’s why I will give you my full support for anything at all. Whenever you need help just reach out to me to my personal email address.
Step-by-Step Beginner Friendly User Guide – My beginner friendly user guide will take you step-by-step and show you exactly how to install, setup and profit with the Spark Impulse Indicator (it’s really easy).
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