GOLD is forming a strong upward momentum of 5.5%. The local chart shows that the local trend is broken and the market is dominated by the bulls, but the price cannot go up all the time, it simply will not find the energy to continue the move.
The gold is moving towards the strong 1780, which is a local liquidity zone, and I think a pullback is expected from this level.
I think that in the nearest future the gold might try to test the resistance at 1780.5, and after that a false-break-down will occur, and we might see a small pullback. My short term target is the crossing of the channel boundaries at 1750-1756.
Regards to R. Linda!
The gold is moving towards the strong 1780, which is a local liquidity zone, and I think a pullback is expected from this level.
I think that in the nearest future the gold might try to test the resistance at 1780.5, and after that a false-break-down will occur, and we might see a small pullback. My short term target is the crossing of the channel boundaries at 1750-1756.
Regards to R. Linda!
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đčTRADING is a CASINOđ!?
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Join me, I'll guide you to PROFITABLE TRADINGđ”!
(don't copy, click on the links!)
đąTelegram Channel: telegram.me/RLindaTrade
𧿠Web: rlinda.com
đŽContact: telegram.me/RLindaSignals
NOâŒïž
Join me, I'll guide you to PROFITABLE TRADINGđ”!
(don't copy, click on the links!)
đąTelegram Channel: telegram.me/RLindaTrade
𧿠Web: rlinda.com
đŽContact: telegram.me/RLindaSignals
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von RatschlÀgen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.