Gold / XAUUSD is declining, which is a technical pull back inside the long term Channel Up.
A 4hour Death Cross will be formed tomorrow and in the past 12 months it has been a bearish signal of sell continuation.
We expect the bottom to be either on the 1day MA100 (1930) or the lower dotted line (1910). In either case, over Support A as on February 28th.
Confirmed buy signal will be when you see Higher Lows on the 4hour MACD leading to 0.0.
Long term Target = 2080.
Previous chart:

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A 4hour Death Cross will be formed tomorrow and in the past 12 months it has been a bearish signal of sell continuation.
We expect the bottom to be either on the 1day MA100 (1930) or the lower dotted line (1910). In either case, over Support A as on February 28th.
Confirmed buy signal will be when you see Higher Lows on the 4hour MACD leading to 0.0.
Long term Target = 2080.
Previous chart:

Follow us, like the idea and leave a comment below!!
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Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
