Gold was farmed SHS pattern ( Left Shoulder 1514$, Head 1516$, Right Shoulder 1514$). Closed bellow EMA 21,50,100 and testing EMA 200.
Potential target 1492$ . Gold broken down support trend line .
Volume: Sell pressure increased.
Indicators: MACD bearish crossover bellow zero line, RSI bellow 50 point. Bearish sign.
Pattern: Head and Shoulders Pattern ( SHS ).
S/R: Resistance 1516$, Major Resistance 1557$, Support 1483$, Major Support 1459$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Potential target 1492$ . Gold broken down support trend line .
Volume: Sell pressure increased.
Indicators: MACD bearish crossover bellow zero line, RSI bellow 50 point. Bearish sign.
Pattern: Head and Shoulders Pattern ( SHS ).
S/R: Resistance 1516$, Major Resistance 1557$, Support 1483$, Major Support 1459$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
