Gold worked last week according to my scenario.
Over the week, the price on a strong movement (increased volatility) rose to the resistance level.
For the resistance breakout, I do not see any preconditions and there is no accumulation (local, below the level). Simply put, there is no energy to break down resistance.
A false breakout is possible, but we have a very strong downtrend.
I am waiting for the resistance to be worked out as a strong level, most likely there will be a fall in prices or a rollback.
In general, the situation is positive for sellers, most likely we can return to the support from which there was an increase - 1774.15
-------------------
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Thanks for your support!
Over the week, the price on a strong movement (increased volatility) rose to the resistance level.
For the resistance breakout, I do not see any preconditions and there is no accumulation (local, below the level). Simply put, there is no energy to break down resistance.
A false breakout is possible, but we have a very strong downtrend.
I am waiting for the resistance to be worked out as a strong level, most likely there will be a fall in prices or a rollback.
In general, the situation is positive for sellers, most likely we can return to the support from which there was an increase - 1774.15
-------------------
Share your opinion in the comments and support the idea with Like.
Thanks for your support!
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t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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。