Gold-Tech

🥇GOLD - Market is increasing the chances of a support breakout

Corto
OANDA:XAUUSD   Oro al contado/Dólar estadounidense
Gold has been declining since the opening of the session with the result of -0.5%. Earlier a false breakout of 1943 was formed, most likely the price will continue its fall, but only after breaking the support of the bearish channel

TA on high timeframe:
1) After breaking the support, the price forms a retest of 1938.9, but makes a false breakout
2) Liquidity area - 1924 (local target)

TA on the low timeframe:
1) False break of resistance at 1943.3 forms a decline and a retest of the bearish trend support area
2) Price has previously tested this area and formed a huge liquidity pool, the breakout of which forms a strong downward momentum.
3) A quick retest is formed (after one trading session). The market is increasing the chances of a support breakout

Key resistance📈: 1943
Key support📉: 1933.9

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
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.