This chart represents a technical analysis of Gold (XAU/USD) on the 1-hour timeframe. Here's what it indicates:
1. Strong Selling Zone (Yellow Area – Around 2,929-2,940)
This area acts as a strong resistance where sellers are expected to enter the market, leading to a potential price drop.
2. Bullish Move Before Resistance
The price formed a "V" shape recovery after a downtrend, pushing back up towards the resistance zone.
3. Bearish Projection (Blue Arrows)
The analysis suggests that gold is likely to reject this resistance zone and move downward from the 2,929 level.
Multiple blue arrows indicate a potential sell-off towards lower levels, possibly targeting around 2,880 or lower.
Summary:
This chart suggests a short-selling opportunity from the 2,929-2,940 resistance zone, expecting a reversal to the downside. It highlights a potential bearish move after testing a strong resistance level.
1. Strong Selling Zone (Yellow Area – Around 2,929-2,940)
This area acts as a strong resistance where sellers are expected to enter the market, leading to a potential price drop.
2. Bullish Move Before Resistance
The price formed a "V" shape recovery after a downtrend, pushing back up towards the resistance zone.
3. Bearish Projection (Blue Arrows)
The analysis suggests that gold is likely to reject this resistance zone and move downward from the 2,929 level.
Multiple blue arrows indicate a potential sell-off towards lower levels, possibly targeting around 2,880 or lower.
Summary:
This chart suggests a short-selling opportunity from the 2,929-2,940 resistance zone, expecting a reversal to the downside. It highlights a potential bearish move after testing a strong resistance level.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。