Gold is trying to break above 1400$
The current Resistance Zone (as I see it) is between 1400-1425$ and it includes a weekly harmonic trading pattern (Butterfly), a weekly structure zone (blue) and the bottom of a broken uptrend line.
If Gold will break higher, it will continue north, probably to test the 61.8 Fib correction level.
As long as it stays below 1400-1425$, chances are that we will see some sort of a short term correction move (bearish)
The current Resistance Zone (as I see it) is between 1400-1425$ and it includes a weekly harmonic trading pattern (Butterfly), a weekly structure zone (blue) and the bottom of a broken uptrend line.
If Gold will break higher, it will continue north, probably to test the 61.8 Fib correction level.
As long as it stays below 1400-1425$, chances are that we will see some sort of a short term correction move (bearish)
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.
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.