GOLD'S BEHAVIOR
XAUUSD charts shows the following signs:
GOLD has been trading under the falling trend line since march 2022 .
As we can see it's printed lower highs and lower lows trend behavior gold makes a fall of -8.82% to -10.66% and rises to 5.54% to 7.44%.
The price has been trading downward to a newer lower low which we can expect it at 1550 1560 level based on it's previous falls.
GOLD has been trading under the falling trend line since march 2022 .
As we can see it's printed lower highs and lower lows trend behavior gold makes a fall of -8.82% to -10.66% and rises to 5.54% to 7.44%.
The price has been trading downward to a newer lower low which we can expect it at 1550 1560 level based on it's previous falls.
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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.