Gold | Is it time for a downside move?
Gold Technical Analysis:
4-hour Timeframe:
The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel:
2244 - 2252
With targets:
2225 - 2212 - 2180
The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close.
Sell signals and further analysis will be presented after the market opens.
4-hour Timeframe:
The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel:
2244 - 2252
With targets:
2225 - 2212 - 2180
The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close.
Sell signals and further analysis will be presented after the market opens.
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.