Hi AndreasSYZ, Yes. You're right. There are existing support. But after news release, maybe that line (Support or Resistance) will change (in my point). Feel free to correct me. Thanks!

Trading Made Simple

Hi Emm, Because of narrow range on D1 chart, so i think it will go back to consolidation soon. What do you think about this candle (see figure please)? Does it make new Support/Resistance line. image

Trading Made Simple

In my opinion, GOLD go into consolidation. We should wait a breakout for SELL postion.

Trading Made Simple

That setup for SELL right? P/s: Thank you for keeping this thread alive

Trading Made Simple