GOLD ! What to expect from the price after testing the support🤔
Gold is trading within a sideways range of 1809.4 - 1765. The price continues to correct to the support zone.
Earlier the price was able to break the global downtrend and we saw a strong move up to 1809 resistance.
At the moment the price has moved into a consolidation phase. There is a support level ahead of the price, I believe it is an important boundary for further price reaction.
I assume, since we have a local uptrend, the support levels are more important points for reversal. I think a pullback will follow from the level of 1765.7. The short-term target is resistance 1784.5, the medium-term target is resistance 1809.4.
Regards R.Linda!
Earlier the price was able to break the global downtrend and we saw a strong move up to 1809 resistance.
At the moment the price has moved into a consolidation phase. There is a support level ahead of the price, I believe it is an important boundary for further price reaction.
I assume, since we have a local uptrend, the support levels are more important points for reversal. I think a pullback will follow from the level of 1765.7. The short-term target is resistance 1784.5, the medium-term target is resistance 1809.4.
Regards R.Linda!
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.