GOLD → seems bearish
hello guys.
Let's analysis gold
- Current Trend: Bearish
- Chart Patterns:
- Descending Trendline: Indicates downward pressure on prices.
- Key Level: $2404 - $2,400 identified as an entry-level for selling.
- Support Levels:
- $2,338.842: Strong support area, a potential target for the current bearish trend.
- Price Action:
- Recent rejection from the entry-level suggests further downside.
- Prices are expected to move towards the $2,338.842 support level.
The chart indicates a bearish trend with potential selling opportunities around the $2404- $2,400 level, targeting the support level at $2,338.842.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Let's analysis gold
- Current Trend: Bearish
- Chart Patterns:
- Descending Trendline: Indicates downward pressure on prices.
- Key Level: $2404 - $2,400 identified as an entry-level for selling.
- Support Levels:
- $2,338.842: Strong support area, a potential target for the current bearish trend.
- Price Action:
- Recent rejection from the entry-level suggests further downside.
- Prices are expected to move towards the $2,338.842 support level.
The chart indicates a bearish trend with potential selling opportunities around the $2404- $2,400 level, targeting the support level at $2,338.842.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
👉 get a Tradingview account (broker): bit.ly/HYCM-M
________
👉 10% off with this exchange: lbank.one/join/uu83jRY
________
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
________
👉 10% off with this exchange: lbank.one/join/uu83jRY
________
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
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.