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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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
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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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.