Gold can do a correction before ascending further
Updated
HELLO every one
GOLD
🟡Chart is speaking it self!
- Gold was in a symmetrical Triangle
- the bullish break out has already happened
-right now the price is at a important resistance level.
- there is a regular bearish divergence (-RD) on MACD.
- Support level which we expect a reaction from is drawn on the chart.
-after a pullback from the support zone, we expect the price to reach around 1960$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
GOLD
🟡Chart is speaking it self!
- Gold was in a symmetrical Triangle
- the bullish break out has already happened
-right now the price is at a important resistance level.
- there is a regular bearish divergence (-RD) on MACD.
- Support level which we expect a reaction from is drawn on the chart.
-after a pullback from the support zone, we expect the price to reach around 1960$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Trade closed: target reached
📥┃Telegram:
t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
t.me/CobraVanguard
📥┃Premium trading experience with COINCALL
coincall.com/r/47022631
📥┃Join the platform where I trade and receive up to a $500 welcome reward! coinex.com/register?refer_code=n8fmk
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.