DeGRAM | GOLD reached the resistance level

3月18日

GOLD has reached the upper boundary of the channel and resistance level.

The indicators indicate that the asset is overbought.

A bearish divergence is forming on the 1H Timeframe.

We expect a pullback.

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3月19日

交易進行

GOLD is in an ascending channel between trend lines.

The price is moving from $3045 resistance, the upper boundary of the channel and trend line.

The chart is holding under the resistance.

Indicators on the 1H Timeframe are forming a bearish divergence.

We expect a pullback in XAUUSD.