$VELVET just dropped to 0.1281, down over -28.03% in a single day! From a low near 0.1261, it shot up to 0.1862 before cooling off sharply. Heavy bearish candles with high volume show intense momentum â sellers are clearly in control.
Trade Setup đ
âą Entry Zone: 0.1270 â 0.1290
âą Target 1 đŻ: 0.1316
âą Target 2 đŻ: 0.1387
âą Target 3 đŻ: 0.1459
âą Stop Loss: 0.1240
If $VELVET breaks above 0.1316 with volume, expect a strong relief rally â momentum could push it back toward higher resistance fast.
#VELVET
#HKJulyGoldNetExportsToMainland56.193Tons
Trade Setup đ
âą Entry Zone: 0.1270 â 0.1290
âą Target 1 đŻ: 0.1316
âą Target 2 đŻ: 0.1387
âą Target 3 đŻ: 0.1459
âą Stop Loss: 0.1240
If $VELVET breaks above 0.1316 with volume, expect a strong relief rally â momentum could push it back toward higher resistance fast.
#VELVET
#HKJulyGoldNetExportsToMainland56.193Tons

