As I said in yesterday's commentary, for Gold to become clearly bullish we need a break above the falling trend line, now at around the 1850-1860 zone, and a new higher high above 1880. Now we are just under this trend line and, in my opinion, is a decisive moment for future price evolution.
Yesterday the price was in consolidation in a tight range, digesting the important break above 1830 resistance and not giving a lot of clues for what can happen next.
A break above yesterday's high would expose 1880 recent high and, and the other hand, Gold back under 1830 is strongly bearish
Yesterday the price was in consolidation in a tight range, digesting the important break above 1830 resistance and not giving a lot of clues for what can happen next.
A break above yesterday's high would expose 1880 recent high and, and the other hand, Gold back under 1830 is strongly bearish
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.