Hi Traders! Gold critical zone provides bearish opportunity for us. A detailed analysis of this bearish setup is as follows:
Gold H4 Chart:
On the H4 chart the price is currently moving higher, we also have a critical zone that has formed based on the cycle and the price has currently reached this critical zone. Hence everything looks good here for the bears and we may now start looking for evidences of bearish pressure in order to join the bears.
Note: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.
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