Gold has been moving in a descending channel for about 5 days.
Since Gold could not touch the lower line of the descending channel again, I expect that the descending channel will break soon, and gold will at least raise itself to the resistance line, and the second target can be the 🔴resistance zone($ 2015- $ 2012)🔴.
Gold Analyze ( XAUUSD ), 15-minute Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Since Gold could not touch the lower line of the descending channel again, I expect that the descending channel will break soon, and gold will at least raise itself to the resistance line, and the second target can be the 🔴resistance zone($ 2015- $ 2012)🔴.
Gold Analyze ( XAUUSD ), 15-minute Time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Trade closed: target reached
🎯First Target🎯Note
Gold was not able to break the resistance lineNote
New update: Upward movement of 🥇Gold🥇and creating a Bull Trap!!!
Note
New update:🥇Gold🥇Fall by Ascending Broadening Wedge Pattern(short term)!
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Disclaimer
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🎁Welcome than a 50% bonus(Low Spread)👉vtm.pro/Y3AV7r
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
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.