GOLD is preparing to break monthly support?
Updated
GOLD (4H) is currently below the daily support level and has formed a bearish Doji. As the long-term trend is bearish, monthly, weekly, and daily price action is strongly bearish and the price is likely to continue to drop and we may see monthly support broken.
Upon retest of daily support as resistance and rejection, a sell trade is highly probable :)
Upon retest of daily support as resistance and rejection, a sell trade is highly probable :)
Note
FREE TELEGRAM
bit.ly/342slNF
#1Regulated broker Vantage 50% bonus link shorturl.at/UGxfd
YOUTUBE CHANNEL
bit.ly/3GmqN1E
bit.ly/342slNF
#1Regulated broker Vantage 50% bonus link shorturl.at/UGxfd
YOUTUBE CHANNEL
bit.ly/3GmqN1E
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.