TRENDS
Instrument: The chart appears to be tracking XAU/USD (Gold), as indicated on the right-hand side.
• Trend: The price is moving upwards within a parallel channel, showing a consistent uptrend.
• Fibonacci Retracement & Extensions:
• Various Fibonacci levels are marked, which act as potential support and resistance zones.
• The 0.786 Fibonacci level is a key retracement area currently being tested.
• Projected Move:
• A green highlighted area indicates a potential bullish move, suggesting an anticipated breakout toward higher levels.
• The 1.618 Fibonacci extension level aligns with the target.
• Support & Resistance:
• Several horizontal lines indicate previous highs and lows, likely acting as key decision points.
• The price recently retested the lower boundary of the channel and bounced back, reinforcing the trend.
• Trend: The price is moving upwards within a parallel channel, showing a consistent uptrend.
• Fibonacci Retracement & Extensions:
• Various Fibonacci levels are marked, which act as potential support and resistance zones.
• The 0.786 Fibonacci level is a key retracement area currently being tested.
• Projected Move:
• A green highlighted area indicates a potential bullish move, suggesting an anticipated breakout toward higher levels.
• The 1.618 Fibonacci extension level aligns with the target.
• Support & Resistance:
• Several horizontal lines indicate previous highs and lows, likely acting as key decision points.
• The price recently retested the lower boundary of the channel and bounced back, reinforcing the trend.
Aviso legal
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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.