Gold has traded downwards since the end of March, however, what first looked like a break under important 1680 support of a double top pattern seems to be a false break with the price reversing very strongly from the 1615 low (1000 pips above at the time of writing in just a matter of days).
Now the price is trading confortable above this important level and above the 1700 figure and is testing the next important resistance given by this falling trendline.
A break above this trend line could lead to a long-term up trend and expose the 1800 zone.
That being said, I'm bullish as long as support holds.
Now the price is trading confortable above this important level and above the 1700 figure and is testing the next important resistance given by this falling trendline.
A break above this trend line could lead to a long-term up trend and expose the 1800 zone.
That being said, I'm bullish as long as support holds.
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
相關出版品
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。