Gold continues to pull back down to the strong support zone. I assume that this maneuver can be considered as a correction after the breakdown of the global downward price channel for the time being.
On the chart you can see that the price is going down to the resistance of the descending channel and the important point will be the contact of the price with this trend line.
I assume that the price can still fall, but to the old trend line and it is worth paying attention to the price reaction to this very chart element. I think that after the test the price may form an upward impulse, but at the moment the local fall will still continue.
Regards R. Linda!
On the chart you can see that the price is going down to the resistance of the descending channel and the important point will be the contact of the price with this trend line.
I assume that the price can still fall, but to the old trend line and it is worth paying attention to the price reaction to this very chart element. I think that after the test the price may form an upward impulse, but at the moment the local fall will still continue.
Regards 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
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🔴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
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.