GOLD SELL
Greetings traders this is my idea on Gold
It has made a sharp decline after FED rate decision and FOMC. The price broke and closed below the lows of the past three weeks, which could lead to a fake breakout, so we should closely monitor the price action. Additionally, it broke and closed below the trendline that had supported the price for over a month. I think the market may gradually move down toward last month's low by the end of the year. With high-impact news coming today, there is potential for unexpected moves.
From the last chart that had a solid growt downtrend of last times chart we can see that the price is managing itself for a future Downtrend Movement.
Traders make your own analysis before trading.
I think we can soon see more fall from this range! GOOD LUCK! Great Sell opportunity for GOLD
I still did my best and this is the most likely count for me at the moment.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
It has made a sharp decline after FED rate decision and FOMC. The price broke and closed below the lows of the past three weeks, which could lead to a fake breakout, so we should closely monitor the price action. Additionally, it broke and closed below the trendline that had supported the price for over a month. I think the market may gradually move down toward last month's low by the end of the year. With high-impact news coming today, there is potential for unexpected moves.
From the last chart that had a solid growt downtrend of last times chart we can see that the price is managing itself for a future Downtrend Movement.
Traders make your own analysis before trading.
I think we can soon see more fall from this range! GOOD LUCK! Great Sell opportunity for GOLD
I still did my best and this is the most likely count for me at the moment.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad!
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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。