Ouro/Dólar AmericanoViés de baixa
The trend of gold is definitely downward!
The price has hit the mid-term low in the daily time and is currently pulling back to that zone, but in this range, we had the static zone, the downward trendline, and also the unflattened span, which worked very well and prevented the price from growing, another point. The fact that the slope (speed) of the downward trend has increased at the moment, which is another confirmation of the downward trend
Also, by checking Ichmoku in daily and weekly time, it can be said with confidence that it is bearish and every rise is just a correction
Almost all signs are bearish for gold, and considering that the price is falling in daily and weekly times, it is not possible to expect price growth at least until the end of the year.
The first target of the 1855 range that we have is the Bermuda cloud, but I think the price has the potential to fall to the 1700 channel, which we need to analyze and update in the future.
Also, by checking Ichmoku in daily and weekly time, it can be said with confidence that it is bearish and every rise is just a correction
Almost all signs are bearish for gold, and considering that the price is falling in daily and weekly times, it is not possible to expect price growth at least until the end of the year.
The first target of the 1855 range that we have is the Bermuda cloud, but I think the price has the potential to fall to the 1700 channel, which we need to analyze and update in the future.
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