GOLD is currently trading in an uptrend after a false breakdown of 1690.
The price is also in a sideways range between the levels of 1787 and 1809. The price is testing the support and trying to break it.
On the chart, we see a local liquidity zone formed at 1765, in a negative scenario, the price could reach this level.
Since we have MA 50 and MA 200, uptrend, price channel and strong support at 1787.4, there is every chance that a false break-up will be formed and the price will rise to the resistance of the range.
Regards R. Linda!
The price is also in a sideways range between the levels of 1787 and 1809. The price is testing the support and trying to break it.
On the chart, we see a local liquidity zone formed at 1765, in a negative scenario, the price could reach this level.
Since we have MA 50 and MA 200, uptrend, price channel and strong support at 1787.4, there is every chance that a false break-up will be formed and the price will rise to the resistance of the range.
Regards R. Linda!
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š¹TRADING is a CASINOš!?
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“Contact: telegram.me/RLindaSignals
NOā¼ļø
Join me, I'll guide you to PROFITABLE TRADINGšµ!
(don't copy, click on the links!)
š¢Telegram Channel: telegram.me/RLindaTrade
š§æ Web: rlinda.com
š“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.