Gold can break resistance level and continue to rise to 1970
1435
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price a few days ago started to move up near the support line to the 1950 resistance level, which coincides with the seller zone. Later price broke the resistance level mad rose to 1985 points, but soon it rolled down and started to decline back to the support line. Gold declined to the support line, broke it and the resistance level again, and continued to decline until to 1900 support level, which coincided with the buyer zone. Also then price declined below this level too, but soon rebounded back and entered to upward channel, in which the price reached the resistance level again and even rose higher, but a not long time ago it fell back, and at the moment Gold trades near to resistance level. I think that the price can decline to the support line of the channel and then rebound up to the resistance line, thereby breaking the resistance level. Also possibly after Gold breaks the resistance level, it can make a retest and then continue to rise to the resistance line of the channel. Therefore I set my target at the 1970 level. Please share this idea with your friends and click Boost 🚀
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.
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
Também em:
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.