Hi traders.
Gold is currently in sensitive zone , and it has recently surpassed the grey zone which act as a breaking zone on 4H.
After completing it's pullback, the price is showing signals indicating a potential move to lower prices in the lower timeframe.Based on this analysis , it cold present a good opportunity for a sell position.
It's worth noting that this analysis would be invalidated if the price closes above the 2330 zone.
Gold is currently in sensitive zone , and it has recently surpassed the grey zone which act as a breaking zone on 4H.
After completing it's pullback, the price is showing signals indicating a potential move to lower prices in the lower timeframe.Based on this analysis , it cold present a good opportunity for a sell position.
It's worth noting that this analysis would be invalidated if the price closes above the 2330 zone.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.