GOLD has been in a downtrend for a long time. Earlier, the price made a false break of the support 1690, after which a change of the local trend to the uptrend is formed.
On the chart, we can see that the price is trading in a wide range between 1750 and 1690. At the moment a struggle of the participants for the level of 1724.07 is forming and I am waiting for the price to consolidate above the level, for the subsequent growth.
I assume that the price will be able to consolidate in the long zone relative to the level of 1724 and continue to grow. The short-term target is resistance 1750, the medium-term target is resistance 1780.5
Regards R.Linda!
On the chart, we can see that the price is trading in a wide range between 1750 and 1690. At the moment a struggle of the participants for the level of 1724.07 is forming and I am waiting for the price to consolidate above the level, for the subsequent growth.
I assume that the price will be able to consolidate in the long zone relative to the level of 1724 and continue to grow. The short-term target is resistance 1750, the medium-term target is resistance 1780.5
Regards R.Linda!
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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
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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.