Looking at the 1-hour chart for gold, the upward trend line has been broken by today's decline, and it's currently holding near the 4600 level.
The MACD indicator shows the histogram bars are gradually shrinking, and the fast line is moving upwards, suggesting a potential golden cross (a bullish signal). Combined with the fact that the 4600 level held, a rebound in gold prices from here is possible.
If this idea is proven true, then it's only a matter of time before gold returns to its upward trend, and trading in line with the upward momentum will become much easier.
The MACD indicator shows the histogram bars are gradually shrinking, and the fast line is moving upwards, suggesting a potential golden cross (a bullish signal). Combined with the fact that the 4600 level held, a rebound in gold prices from here is possible.
If this idea is proven true, then it's only a matter of time before gold returns to its upward trend, and trading in line with the upward momentum will become much easier.
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Daily real-time trading signals are available in the channel below ⬇️!
Free channel: t.me/Ronnie_John6
Free channel: t.me/Ronnie_John6
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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.
Daily real-time trading signals are available in the channel below ⬇️!
Free channel: t.me/Ronnie_John6
Free channel: t.me/Ronnie_John6
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.