Short
SILVER more downtrend anticipated SHORT
XAUUSD- had a big down move on the London Session ; it is now in a triangle with trend lines drawn on the 15 minute chart.
The upper resistance trendline has held from far more touches than the support trendline below.
I conclude it is more or most likely, that XAUUSD will breakout from this triangle on a relatively lower time frame
with bearish continuation trending down and following the equities markets.
The upper resistance trendline has held from far more touches than the support trendline below.
I conclude it is more or most likely, that XAUUSD will breakout from this triangle on a relatively lower time frame
with bearish continuation trending down and following the equities markets.
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.
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.