Gold- Time for correction?
Since the recent low from 1680, Gold has risen exactly 1000 pips.
At this point, the yellow metal is facing a strong resistance zone, with a lot of horizontal levels and also the falling trend line.
We can see at this moment a correction and short-term traders can target the first important support at 1760.
Keep in mind though that we are against the trend and a clear break above 1780 could lead to upwards acceleration
At this point, the yellow metal is facing a strong resistance zone, with a lot of horizontal levels and also the falling trend line.
We can see at this moment a correction and short-term traders can target the first important support at 1760.
Keep in mind though that we are against the trend and a clear break above 1780 could lead to upwards acceleration
Nota
I ve closed my sell trade in break even.Looks like gold wants to touch 1800
📈 Forex & XAU/USD Channel:
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t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Publicações relacionadas
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.