In our previous analysis, 
gold has achieved our targets after bouncing off the area we referred to.
Currently, on the hourly and two-hour timeframes, gold is forming a double top pattern with a divergence on momentum indicators, indicating a lack of liquidity to push prices higher. We are waiting for the price to break the support and neck line of the pattern below the level of 1911.466, to decline towards the next support line at 1888.40 . From there, we may determine in another analysis the price scenarios, either bouncing up in response to market panic due to bank bankruptcy crisis or continuing to decline towards 1866.68 to fill the gap left by previous movements and test the monthly support line there. However, if gold continues its upward momentum and breaks the level of 1942.50, it will continue its path upward to the level of 1955.
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gold has achieved our targets after bouncing off the area we referred to.Currently, on the hourly and two-hour timeframes, gold is forming a double top pattern with a divergence on momentum indicators, indicating a lack of liquidity to push prices higher. We are waiting for the price to break the support and neck line of the pattern below the level of 1911.466, to decline towards the next support line at 1888.40 . From there, we may determine in another analysis the price scenarios, either bouncing up in response to market panic due to bank bankruptcy crisis or continuing to decline towards 1866.68 to fill the gap left by previous movements and test the monthly support line there. However, if gold continues its upward momentum and breaks the level of 1942.50, it will continue its path upward to the level of 1955.
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Let me know your thoughts in the comments, and show your support by liking the idea.
Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!
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the gold didn't break the neckline
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。