Gold-Tech

🥇GOLD - Resistance Retest. (To breakout or to fall?)

Giá xuống
Gold-Tech Cập nhật   
OANDA:XAUUSD   Vàng / Đô la Mỹ
Gold is forming a resistance retest. Against the background of the global descending channel, the price may form a false breakout, but against the background of consolidation near resistance, the chances of a breakout increase.

TA on high timeframe:
1) We have the formation of the 1934-1907 range. There is a false breakout and pin-bar formed against resistance.
2) Price is likely to form a retest now before further breakout

TA on the low timeframe:
1) a sideways range is still forming in the market
2) The dollar continues to strengthen and surprisingly, so does gold. But the dollar has a positive fundamental background. And gold, most likely, the market is pulling up to the liquidity area
3) We watch the price reaction. If there is a breakout of resistance, we should wait for consolidation above 1928-1930 to buy.
4) False breakout will form a consolidation below resistance. Only after confirmation of one or the other should we sell or buy

Key resistance📈: 1928.5, 1930
Key support📉: 1915, 1908
Bình luận:

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.