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
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.
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.