GOLD has systematically been in a clear downtrend.
As shown, it has broken multiple supports and is heading toward another support.
- Bars pattern shows that it is moving in correlation to the previous support breaks
Next target is at the 1550 price level, toward the support trendline, unless a break of the resistance line confirms a reversal.
As shown, it has broken multiple supports and is heading toward another support.
- Bars pattern shows that it is moving in correlation to the previous support breaks
Next target is at the 1550 price level, toward the support trendline, unless a break of the resistance line confirms a reversal.
Trade active
As expected. Gold bounced from the support .Nice progress so far
💥 Free signals and ideas ➡ t.me/vfinvestment
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.