direction of gold ?
$CURRENCYCOM:GOLD
Hello everyone.
As we can see :
- trending on support line
- bottom flat triangle
- bearish news
So major movement is downward but as we hold above support line, market is Neutral !
If GOLD pullback from support then we will see some upward movement to triangle line and resistance also.
If GOLD reject from support then we will dive into 1810-1800 $ support zone .
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
Hello everyone.
As we can see :
- trending on support line
- bottom flat triangle
- bearish news
So major movement is downward but as we hold above support line, market is Neutral !
If GOLD pullback from support then we will see some upward movement to triangle line and resistance also.
If GOLD reject from support then we will dive into 1810-1800 $ support zone .
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.