Gold: Multi Tie Frame
Hello Traders
In the weekly timeframe, an ascending channel is observed, showing a good reaction at its upper boundary. We are waiting for a price pullback to the next resistance level.
In the daily chart, an ascending trendline has been broken, with two returns to the breakdown area around 2600.700, indicating the strength of sellers. The price returning to this area for the third time also shows the buyers' insistence. If the price can stabilize below 2532.800, the likelihood of further decline increases. Conversely, if the price cannot break through the green zone, we predict an upward movement to 2606.200.
At the same time, we anticipate a slow downward trend and fluctuations to around 2568 in the coming days.
In the weekly timeframe, an ascending channel is observed, showing a good reaction at its upper boundary. We are waiting for a price pullback to the next resistance level.
In the daily chart, an ascending trendline has been broken, with two returns to the breakdown area around 2600.700, indicating the strength of sellers. The price returning to this area for the third time also shows the buyers' insistence. If the price can stabilize below 2532.800, the likelihood of further decline increases. Conversely, if the price cannot break through the green zone, we predict an upward movement to 2606.200.
At the same time, we anticipate a slow downward trend and fluctuations to around 2568 in the coming days.
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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。