XAUUSD
Hello Traders! 👋
What are your thoughts on GOLD?
Gold, after a short-term upward movement, is now approaching a key resistance level, which coincides with the upper boundary of the short-term ascending channel. This resistance zone is expected to act as a strong barrier, potentially halting the bullish momentum.
As the price reaches this level, there is a high probability of a bearish reversal, leading to a decline toward the identified support level.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on GOLD?
Gold, after a short-term upward movement, is now approaching a key resistance level, which coincides with the upper boundary of the short-term ascending channel. This resistance zone is expected to act as a strong barrier, potentially halting the bullish momentum.
As the price reaches this level, there is a high probability of a bearish reversal, leading to a decline toward the identified support level.
Don’t forget to like and share your thoughts in the comments! ❤️
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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.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
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.