To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.TitleGold potential for bearish drop towards overlap supportTypeBearish DropPreference:Looking at the H4 chart, my overall bias for Gold is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market.With price breaking the ascending channel, expect price to drop from the pivot towards the overlap support.The resistance is here.
from Tickmill Expert Blog - Forex Traders Blog https://www.tickmill.com/blog/gold-potential-for-bearish-drop-towards-overlap-support"
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