"Gold Approaching Resistance: Correction on the Horizon?"
This chart of GOLD (XAUUSD) highlights a key resistance zone (marked in red) that has proven challenging for the price to break. The price is currently testing this ceiling and shows potential for a downward correction.
Key observations:
Resistance Zone: Around the 2740-2780 area, indicating significant selling pressure.
Trendline Support: A strong ascending trendline suggests a potential support level during the expected correction.
Projection: The price is anticipated to reject from the resistance zone, heading downward toward the trendline or key support levels.
This setup implies a short-term bearish correction before potential bullish continuation, depending on how the price interacts with the trendline support.
Key observations:
Resistance Zone: Around the 2740-2780 area, indicating significant selling pressure.
Trendline Support: A strong ascending trendline suggests a potential support level during the expected correction.
Projection: The price is anticipated to reject from the resistance zone, heading downward toward the trendline or key support levels.
This setup implies a short-term bearish correction before potential bullish continuation, depending on how the price interacts with the trendline support.
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
✅ ✅ Perfect Signals Provider With 90% Accuracy
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
✅ Provide Gold And All Pair Signals
✅ Minimum 1000 to 1500 Pips Weekly Target
✅ 97% Accuracy
✅ Account Management Service Available/Profit Share 50/50
t.me/FOREX_BRIGHT_FUTURE1
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。