GOLD (XAUUSD): Signals Of Slowing Momentum?!
Gold hit a new record high last week, but recent indications on a 1-hour timeframe suggest that bullish momentum is waning.
After a strong price increase, we are now seeing a series of diminishing price movements within a rising wedge pattern.
Following the release of significant news today, there was a notable price drop that broke through a support line in the rising wedge. This downturn may persist, with the next support level potentially at 2,600.
After a strong price increase, we are now seeing a series of diminishing price movements within a rising wedge pattern.
Following the release of significant news today, there was a notable price drop that broke through a support line in the rising wedge. This downturn may persist, with the next support level potentially at 2,600.
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。