✴️ GOLD Daily timeframe. March 3
Gold makes a false break and forms a fairly predictable reaction. The price strengthens to 1845.
1) Since the opening the price is seeking upwards and is testing the local resistance of 1844.
2) In the near future the price may test the 1858 area.
3) There is a chance that the bearish correction is over and the price will continue its growth.
4) Overcoming the resistance of 1858 will confirm the end of the correction, and in the medium term we should expect growth to 1900 and 1950.
5) BUT. The price from resistance 1858 can form a correction to 1850 (1840)
1) Since the opening the price is seeking upwards and is testing the local resistance of 1844.
2) In the near future the price may test the 1858 area.
3) There is a chance that the bearish correction is over and the price will continue its growth.
4) Overcoming the resistance of 1858 will confirm the end of the correction, and in the medium term we should expect growth to 1900 and 1950.
5) BUT. The price from resistance 1858 can form a correction to 1850 (1840)
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.