Hey traders,
This week gold was quite bullish.
The market was steadily growing within an intraday 8H rising channel.
During the last two days, the price started to slow down.
It looks like the market became locally overbought.
To catch a bearish move, wait for a breakout of a support of the channel (we need at least a candle close below),
then sell aggressively or on a retest.
Goal will be 1755
In case of a bullish breakout of a resistance of a channel, bullish continuation will be expected.
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Note
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✅My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
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.