RLinda ! GOLD-> Price is headed for support. What's next?
Gold continues to form a correction. After a strong and confident growth, the price moves into a consolidation phase. From the resistance of 1807, the price is heading towards the support of 1765.
There is a strong support zone on the chart (includes the support level, the lower boundary of the price channel, the lower boundary of consolidation). Price meets resistance in the form of MA-50, which is a signal of a possible price decline.
I assume that the price may reach the support in the near future, and it is worth paying attention to the price reaction to this zone. After that I will look for a set-up to open long positions.
Short-term target - resistance of the range of 1807
Trend target - resistance of the 1858 range.
Regards R. Linda!
There is a strong support zone on the chart (includes the support level, the lower boundary of the price channel, the lower boundary of consolidation). Price meets resistance in the form of MA-50, which is a signal of a possible price decline.
I assume that the price may reach the support in the near future, and it is worth paying attention to the price reaction to this zone. After that I will look for a set-up to open long positions.
Short-term target - resistance of the range of 1807
Trend target - resistance of the 1858 range.
Regards R. Linda!
Nota
Gold now +1810
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.