Decided to do some TA since I'm bored. I'm just taking a pure guess lol. But I think Gold is going down!
I drew some support & resistance levels. That resistance level is a very strong one since its supported by 2 peaks.
I believe there's a very high chance that the support level will be broken since gold is currently below the 200 period moving average.
50% chance of decline.
30% chance of neutral sideways move
20% chance of upward move.
The trend is currently bearish (below ma200). Please hit the like button, most of you don't. I need someone to cheer me up. Enjoy :)
I drew some support & resistance levels. That resistance level is a very strong one since its supported by 2 peaks.
I believe there's a very high chance that the support level will be broken since gold is currently below the 200 period moving average.
50% chance of decline.
30% chance of neutral sideways move
20% chance of upward move.
The trend is currently bearish (below ma200). Please hit the like button, most of you don't. I need someone to cheer me up. Enjoy :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.