Potentially retest 1740 level
Currently, the price action shows a potential descending channel. The "bottom" price would be at 1730-1750 zones based on the technical analysis.
This week we are all waiting for JOLTS, 10-y and 30-y Bond Auction, Unemployment, and CPI data.
Here are all the charts that I posted since the beginning of this analysis
Invalidation:
If the price breakout and close above the upper descending channel line
This week we are all waiting for JOLTS, 10-y and 30-y Bond Auction, Unemployment, and CPI data.
Here are all the charts that I posted since the beginning of this analysis
Invalidation:
If the price breakout and close above the upper descending channel line
Note
Chart UpdateNote
Note
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Upgrade Your Trading Station with Gold Cartel
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.