mohammadsomeaneshin

XAUUSD seems to stop uptrend and falls down

FX_IDC:XAUUSD   Oro al contado/Dólar estadounidense
as you see the resistant line at the 6th March til 9th March stopped the uptrend from raising up, it shows that its a real resistant line.
so if you pay attention at the channel, the higher highs went upper than the previous higher highs, until the last high.
it shows that the trend slope is getting lower and it may stop the uptrend and changes the direction to neutral or down trend soon.
all of the technical analysis are my idea and not for others investments.

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.