📉GOLD 08/16/2022: sell-priority❗️
📉Priority direction: Down.
📝Description: Yesterday's sales broke through the $1780 level, as expected. The current price (below the same level of $1780) now favors the same sell-priority. The price also broke through the moving average below, and the volumes are located below in such a way that selling to the market is more interesting. The $1787 level is now acting as resistance, and now only if this resistance is broken and consolidated, it will be possible to talk about the continuation of the recent upward movement.
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📝Description: Yesterday's sales broke through the $1780 level, as expected. The current price (below the same level of $1780) now favors the same sell-priority. The price also broke through the moving average below, and the volumes are located below in such a way that selling to the market is more interesting. The $1787 level is now acting as resistance, and now only if this resistance is broken and consolidated, it will be possible to talk about the continuation of the recent upward movement.
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Thank you for your support, subscribe and share your ideas here👇
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