🥇GOLD - Market tests resistance area by false breakout
Gold is forming a local downtrend. Which is relevant after the break of the ascending channel in early September.
The realization of a strong sell signal is forming on D1
TA on the high timeframe:
1) Everything is stable. False break of resistance sends the price down
2) Potential: falling to 1900 after correction.
TA on the low timeframe:
1) Price in bearish trend
2) A retest of 1926 prevents the price from updating the local high
3) Consolidation is forming below 1926 after a false breakdown
4) Bears are consolidating their positions on the background of a weak buyer
Key resistance📈: 1926
Key support📉: 1916 and 1903
The realization of a strong sell signal is forming on D1
TA on the high timeframe:
1) Everything is stable. False break of resistance sends the price down
2) Potential: falling to 1900 after correction.
TA on the low timeframe:
1) Price in bearish trend
2) A retest of 1926 prevents the price from updating the local high
3) Consolidation is forming below 1926 after a false breakdown
4) Bears are consolidating their positions on the background of a weak buyer
Key resistance📈: 1926
Key support📉: 1916 and 1903
All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔
FREE TELEGRAM:
🌹 Telegram channel: t.me/Go1dTech
😍 My contact: t.me/GoldTech
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔
FREE TELEGRAM:
🌹 Telegram channel: t.me/Go1dTech
😍 My contact: t.me/GoldTech
Bài đăng liên quan
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.