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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🌹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.