Gold is forming volume density on the resistance side which is pushing the price down. We are seeing a strong bearish trend that continues to conquer the lows
TA on the oblique timeframe:
1) Price is in a bearish channel and is aiming for the nearest strong support area in the medium term - 1809
2) Within the near term target, price may reach 1885 within a few days.
TA on the low timeframe:
1) A retest of the resistance area sends price down again
2) Support at 1909.85 is broken and a correction is forming to retest it
3) If the price consolidates below this, the market may give a good entry point for selling
4) Medium term target 1889
Key support📉: 1903.81
Key resistance📈: 1909.85, 1914.6
TA on the oblique timeframe:
1) Price is in a bearish channel and is aiming for the nearest strong support area in the medium term - 1809
2) Within the near term target, price may reach 1885 within a few days.
TA on the low timeframe:
1) A retest of the resistance area sends price down again
2) Support at 1909.85 is broken and a correction is forming to retest it
3) If the price consolidates below this, the market may give a good entry point for selling
4) Medium term target 1889
Key support📉: 1903.81
Key resistance📈: 1909.85, 1914.6
❤️ Telegram channel: t.me/AndeWave
相關出版品
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。
❤️ Telegram channel: t.me/AndeWave
相關出版品
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。