Gold cannot break through major resistance
Gold tried to move above $2000 but it was almost impossible and there is now a deep decline
Today's drop to $6.80 may seem insignificant, but given the fact that gold prices have managed to break above $2,000, this is actually significant. That simply isn't happening despite the escalating situation in the Middle East.
Gold is likely to peak with an RSI near 70 and about 1-2 weeks later interest in “war” on Google News reaches its peak. That's exactly where we are right now.
Overall, current predictions for gold prices are bearish.
Today's drop to $6.80 may seem insignificant, but given the fact that gold prices have managed to break above $2,000, this is actually significant. That simply isn't happening despite the escalating situation in the Middle East.
Gold is likely to peak with an RSI near 70 and about 1-2 weeks later interest in “war” on Google News reaches its peak. That's exactly where we are right now.
Overall, current predictions for gold prices are bearish.
Nota
XAUUSD SELL 1986 - 1989 🔽🔽✔️TP1 : 1980
✔️TP2 : 1970
❌SL: 1995
Nota
Nota
XAUUSD SELL 1986 - 1989 🔽🔽 +50 Pips 🔽🔽
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.