GOLD - Price can break support level and fall to $2660 points
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
A not long time ago price entered to wedge, where it at once made an upward impulse to resistance line, breaking $2695 level.
Next, price in a short time declined to support line, breaking $2695 level again and then exiting from a wedge.
After this, price fell below $2625 level and started to grow in a rising channel, where it traded between $2625 level.
Later, Gold broke this level and rose a little, after which made correction and then continued to grow.
Price reached $2695 level, but at once made a small correction, after which backed up and broke this level.
At the moment, I think that Gold can start to decline from resistance line of a channel to $2660, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price entered to wedge, where it at once made an upward impulse to resistance line, breaking $2695 level.
Next, price in a short time declined to support line, breaking $2695 level again and then exiting from a wedge.
After this, price fell below $2625 level and started to grow in a rising channel, where it traded between $2625 level.
Later, Gold broke this level and rose a little, after which made correction and then continued to grow.
Price reached $2695 level, but at once made a small correction, after which backed up and broke this level.
At the moment, I think that Gold can start to decline from resistance line of a channel to $2660, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Very well! Price reached the resistance line of the channel and even rose a little higher than resistance line, but then it started to decline. So, in my mind, it continues to decline to my target:
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đź’Ž We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.