GOLD forms a strong momentum of 3.5% up and returns to the boundaries of the 1750 - 1724 range. The price after the breakdown rolls back to the support for a possible consolidation in the long zone.
On the chart we can see that there was a strong downtrend from 2070 and the price reached the strong liquidity zone of 1690, after which there was a volume spike, a false breakdown of support and a renewal of the local tops.
I assume that the price can test the support of 1725 by a false breakdown and consolidate above the level, in the long zone, only after this set-up I will expect growth. The short-term target is the resistance of 1750.
Regards R. Linda!
On the chart we can see that there was a strong downtrend from 2070 and the price reached the strong liquidity zone of 1690, after which there was a volume spike, a false breakdown of support and a renewal of the local tops.
I assume that the price can test the support of 1725 by a false breakdown and consolidate above the level, in the long zone, only after this set-up I will expect growth. The short-term target is the resistance of 1750.
Regards R. Linda!
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.