Gold has stopped in the support zone between the previously broken channel, the downward resistance line and the strong support from 1988 and thus is forming a consolidation.
The price is testing the descending resistance line again (the dot line), if the price breaks through that line and gets back to the channel, the gold will continue to rise globally.
But after breaking through the trend line, the price is in a panic zone. The price forms a retest of the key line, at this time the market maker can form a large number of traps. At the moment with a small difference, but the priority scenario for short positions.
Strong resistance: the descending line, the border of the ascending channel and the 2000 level.
Strong support 1988, 1981.
I expect that near the 2000 area, price could form multiple retests. A return to the channel would open up new bullish potential for price. If price fails to return to the channel, it will provide a path down to 1980.
Regards, R. Linda!
The price is testing the descending resistance line again (the dot line), if the price breaks through that line and gets back to the channel, the gold will continue to rise globally.
But after breaking through the trend line, the price is in a panic zone. The price forms a retest of the key line, at this time the market maker can form a large number of traps. At the moment with a small difference, but the priority scenario for short positions.
Strong resistance: the descending line, the border of the ascending channel and the 2000 level.
Strong support 1988, 1981.
I expect that near the 2000 area, price could form multiple retests. A return to the channel would open up new bullish potential for price. If price fails to return to the channel, it will provide a path down to 1980.
Regards, R. Linda!
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(don't copy, click on the links!)
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🧿 Web: rlinda.com
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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
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.