From a big-picture perspective, gold should continue its upward trend as real interest rates are expected to continue to decline as the Fed's policy turns dovish. However, in the short term, a re-adjustment of interest rate expectations could trigger a further correction.
Technical Analysis:
On the 4-hour chart, gold prices have broken below the neckline of the double top pattern, strengthening bearish momentum. The neckline will now become a new resistance level, where bears may position themselves, with stops set above resistance, aiming for a further break below the trendline. Bulls, on the other hand, would like to see gold prices re-break through the neckline, thereby negating the bearish pattern and pushing prices back to higher levels.
Technical Analysis:
On the 4-hour chart, gold prices have broken below the neckline of the double top pattern, strengthening bearish momentum. The neckline will now become a new resistance level, where bears may position themselves, with stops set above resistance, aiming for a further break below the trendline. Bulls, on the other hand, would like to see gold prices re-break through the neckline, thereby negating the bearish pattern and pushing prices back to higher levels.
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t.me/david_456654
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The road to success is not crowded. As long as you choose the right direction and follow the right team, you will be able to move forward.
t.me/david_456654
t.me/david_456654
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.