DeGRAM | GOLD continued decline

2024年6月24日

GOLD is moving near the lower boundary of the ascending channel.

The price is under the trend line.

The descending structure is kept.

XAUUSD is under the supply zone.

We expect a decline after breaking the lower boundary of the channel.

-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

2024年6月25日

註釋

GOLD is moving in an ascending channel between trend lines, in the supply zone.

The chart has reached the 38.2% retracement level.

We expect a decline after breaking the lower boundary of the channel.

2024年6月26日

註釋

GOLD is moving under the ascending channel and trend line.

The chart is moving within the descending structure, the dynamics of the decline has slowed down.

The price is above the 50% retracement level.

We expect a decline to the support level after retesting the channel boundary.

2024年6月27日

交易結束：目標達成