My idea of GOLD
I was interested in GOLD so I analyzed it and this is my idea
https://www.tradingview.com/x/xVC0eN7q/
https://www.tradingview.com/x/r4t68cqi/
In the 1 month time frame I see the price is in a downtrend, and the price behavior in favor of sellers.
The resistance zone 1708.81 to 1671.60 test will be re-analyzed
https://www.tradingview.com/x/23A9nC93/
https://www.tradingview.com/x/eJaaf5GI/
In day and 4h time frame I can see the trend is sideway and there is two area in red color , the support is 1659.25 to 1653 and the resistance is 1680.12 to 1675.74
and again the price behavior is heading bearish I expect it will go down to a level 1608.12 in the future.
I hope you like my idea and if you have a different opinion comment down below
https://www.tradingview.com/x/xVC0eN7q/
https://www.tradingview.com/x/r4t68cqi/
In the 1 month time frame I see the price is in a downtrend, and the price behavior in favor of sellers.
The resistance zone 1708.81 to 1671.60 test will be re-analyzed
https://www.tradingview.com/x/23A9nC93/
https://www.tradingview.com/x/eJaaf5GI/
In day and 4h time frame I can see the trend is sideway and there is two area in red color , the support is 1659.25 to 1653 and the resistance is 1680.12 to 1675.74
and again the price behavior is heading bearish I expect it will go down to a level 1608.12 in the future.
I hope you like my idea and if you have a different opinion comment down below
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