Mihai_Iacob

Gold- Time for correction?

OANDA:XAUUSD   골드 스팟 / 미국 달러
In my yesterday's comment I said that Gold could rise above 1800 and, indeed, the price spiked up. However, bulls were unable to keep the price elevated and the market closed with the price under this important figure.
From a technical point of view, the rise since the beginning of August is in a rising wedge and the support of this pattern is now broken down.
A correction could follow from this point on and, in my opinion, rallies should be sold.
I'm bearish on Gold as long as yesterday's high is intact.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.