GOLD was pushed back from the resistance level, and it is testing the ascending channel .
The market rejected the resistance and divergence, and if you notice the pullbacks are getting deeper, that means bears are pushing the price lower.
In addition, the market made shallower highs, indicating a lack of strength.
All these signals tell us that price action might go down to retest the support level.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The market rejected the resistance and divergence, and if you notice the pullbacks are getting deeper, that means bears are pushing the price lower.
In addition, the market made shallower highs, indicating a lack of strength.
All these signals tell us that price action might go down to retest the support level.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex