The image is a TradingView chart for CFDs on Gold (US$/OZ) on the 1-hour timeframe. Here’s a breakdown of the key elements:
Current Price: 3,114.025
Price Movement: A sharp upward trend followed by a drop.
Highlighted Zones:
Red Resistance Zone (~3,149.248): Indicates a potential selling area.
Red Support Zone (~3,089.871): Indicates a potential buying area.
Technical Analysis:
A Fibonacci retracement level (0.71) is marked.
A bearish pattern with a projected downward move is drawn.
The price is currently consolidating before a potential further decline.
Economic Events: U.S. flags indicate upcoming fundamental events that might impact price movements.
Would you like help interpreting this further or discussing possible trade setups?
Current Price: 3,114.025
Price Movement: A sharp upward trend followed by a drop.
Highlighted Zones:
Red Resistance Zone (~3,149.248): Indicates a potential selling area.
Red Support Zone (~3,089.871): Indicates a potential buying area.
Technical Analysis:
A Fibonacci retracement level (0.71) is marked.
A bearish pattern with a projected downward move is drawn.
The price is currently consolidating before a potential further decline.
Economic Events: U.S. flags indicate upcoming fundamental events that might impact price movements.
Would you like help interpreting this further or discussing possible trade setups?
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.