↪️Upon analyzing the shorter time frames, I observed that 📉Gold adhered to a significant horizontal level
On the 4-hour chart, there was a definite breakout from an ascending parallel channel, indicating a bearish trend.
Currently, the price is undergoing a retest of this level, leading me to anticipate a downward movement...Trade safely 👍✅️
On the 4-hour chart, there was a definite breakout from an ascending parallel channel, indicating a bearish trend.
Currently, the price is undergoing a retest of this level, leading me to anticipate a downward movement...Trade safely 👍✅️
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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.