As the trend is being confirmed, the price for GOLD/USD will face strong resistance around 2020-2030.
This is confirmed by:
1 - Strong support on the past, now a resistance, located around 2025
2 - Fibonacci levels on the down trend channel, indicating another target around 2026. (I performed an analysis on this one yesterday)
3 - Fibonacci levels on todays low, projected on its first clear correction after the up trend is confirmed, giving a target of 2020.
And considering all of that, this means:
nothing.
Joking. haha.
If we see a good increase on the volume we might break the resistances around this levels. If not, the price should reach the 2020 anyway, but not surpassing 2030, forming a new consolidation area.
This is confirmed by:
1 - Strong support on the past, now a resistance, located around 2025
2 - Fibonacci levels on the down trend channel, indicating another target around 2026. (I performed an analysis on this one yesterday)
3 - Fibonacci levels on todays low, projected on its first clear correction after the up trend is confirmed, giving a target of 2020.
And considering all of that, this means:
nothing.
Joking. haha.
If we see a good increase on the volume we might break the resistances around this levels. If not, the price should reach the 2020 anyway, but not surpassing 2030, forming a new consolidation area.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.