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Today, I have the gold daily chart for you. The last bearish leg resulted in a 20.00% drop; however, the price bounced from the $4,300.00 support level and formed a hammer candlestick. This indicates that Gold can potentially rise toward the next resistance level, which is around $4,700.00.
In this video, I explained key levels and chart patterns in detail.
Today, I have the gold daily chart for you. The last bearish leg resulted in a 20.00% drop; however, the price bounced from the $4,300.00 support level and formed a hammer candlestick. This indicates that Gold can potentially rise toward the next resistance level, which is around $4,700.00.
In this video, I explained key levels and chart patterns in detail.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.