Emas Semerta / Dolar A.S.
Panjang

RLinda ! GOLD-> Price moves into consolidation phase

GOLD reaches the support 1698, after it made a false-break of the resistance 1720, as I have suggested in my previous thoughts

Since now the price makes a false break of the support 1698 and starts to form a pullback, we can assume that the price moves into an accumulation phase, since it with its pullbacks marks us a range, which is formed between the levels1725 - 1691.

I suppose that the price might reach the resistance of 1720 in the nearest future after the false break-up, and if the price fails to break through the resistance and makes a false break-up attempt, then a pullback might be expected. The price is in flat.

Regards to R.Linda!

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.