GOLD is moving in a descending channel under the trend lines.
The chart has formed a descending structure.
The price has reached the upper boundary of the channel and is now holding under the 50% retracement level.
We expect a decline.
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The chart has formed a descending structure.
The price has reached the upper boundary of the channel and is now holding under the 50% retracement level.
We expect a decline.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Nota
GOLD held in the previously discussed ascending channel.
The chart retains the descending structure.
The price has dropped under the support, which now acts as a resistance level.
We expect the price to decline after the resistance is retested.
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.