After a price hike, gold seems to lack the energy needed to continue on the uptrend and should gain it with a short-term price drop.
It looks like the downtrend is going to the old uptrend and it might even break down to 1440$, Gold needs a correction to continue the uptrend, and I think we'll stay in a downtrend for a few weeks.
T1= 1590
T2= 1560
T3= 1510
T4= 1450
KEEP SL.
farsi:
bad az jahesh gheymat ke dar tahlil ghabli az tala gofte shod entezar yek eslah chand hafte e gheymat ta ravande soudi ghadimi miravad, hata momken ast in ravand ta 1440$ shekaste shodeh va dar bazgasht bayad barasi donare shavad etabar tahlil ghabli pabarja hast ya kheir.
It looks like the downtrend is going to the old uptrend and it might even break down to 1440$, Gold needs a correction to continue the uptrend, and I think we'll stay in a downtrend for a few weeks.
T1= 1590
T2= 1560
T3= 1510
T4= 1450
KEEP SL.
farsi:
bad az jahesh gheymat ke dar tahlil ghabli az tala gofte shod entezar yek eslah chand hafte e gheymat ta ravande soudi ghadimi miravad, hata momken ast in ravand ta 1440$ shekaste shodeh va dar bazgasht bayad barasi donare shavad etabar tahlil ghabli pabarja hast ya kheir.
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T1= pass ,
in line
in line
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confirm again