GOLD: On the chart, we see a global downward price channel, the 1732-1692 range, in which the price has been trading for over a week.
The price is in a global bearish trend, strong downward impulses, updating the global lows - a clear strength of the sellers. The price in the falling phase tested the support zone of 1692, but the liquidity zone has not been tested, so it is impossible to determine the exact direction yet.
We should pay attention to the formation of the pattern "Double bottom" when the support zone of 1692 is retested and the upward impulse is formed. The price renews the tops and heads towards the resistance zone. From this zone I expect the development of several senarios - 1) False breakout and pullback to the range support, 2) shallow pullback and retest of resistance and transition to the scenario #3 - breakout of resistance on the retest and growth to the 1765 zone.
Regards to R. Linda!
The price is in a global bearish trend, strong downward impulses, updating the global lows - a clear strength of the sellers. The price in the falling phase tested the support zone of 1692, but the liquidity zone has not been tested, so it is impossible to determine the exact direction yet.
We should pay attention to the formation of the pattern "Double bottom" when the support zone of 1692 is retested and the upward impulse is formed. The price renews the tops and heads towards the resistance zone. From this zone I expect the development of several senarios - 1) False breakout and pullback to the range support, 2) shallow pullback and retest of resistance and transition to the scenario #3 - breakout of resistance on the retest and growth to the 1765 zone.
Regards to 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
관련 발행물
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.
🌹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
관련 발행물
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.