#trading_idea #Gold 💡
👑#Gold- Moving Down
On the 1h Heikin-Ashi chart, the are 4 red candles in a row that may points on continue of decline. The Descending Triangle is formed. The CCC indicates a possible downward movement, while the Parabolic SAR confirms the pressure on the price.
🔽The price could continue to decline toward 2654.
🔼However, if the price fails to break the 2662 support, a rebound to the 2670 resistance is likely.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
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