GOLD is trading in a local uptrend channel. Earlier the price was able to break the global downtrend and move into an uptrend phase.
On the chart, we can see that the price breaks the resistance of 1780, as I said earlier. And after the breakdown, the price forms a pullback.
The key area to watch and find an entry point into a long position is the level of 1780.5
I suppose that after the pullback the price will be able to rise from the level of 1780, the short-term trend target is resistance 1809
Regards R. Linda!
On the chart, we can see that the price breaks the resistance of 1780, as I said earlier. And after the breakdown, the price forms a pullback.
The key area to watch and find an entry point into a long position is the level of 1780.5
I suppose that after the pullback the price will be able to rise from the level of 1780, the short-term trend target is resistance 1809
Regards R. Linda!
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š¹TRADING is a CASINOš!?
NOā¼ļø
YouāļøCAN and āļøSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADINGšµ!
š¢Free Telegram Channel: t.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: t.me/RLindaSignals
NOā¼ļø
YouāļøCAN and āļøSHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADINGšµ!
š¢Free Telegram Channel: t.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: t.me/RLindaSignals
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.