Gold can't get back behind the local line and is forming a consolidation below. The potential for a move lower is likely to be gathering
1) The daily chart is hinting at an impending decline
2) Price is consolidating under the liquidity zone 1840
3) Only bearish set-ups for the daily and medium-term potential are forming at the moment
4) Breakdown of the local support at 1832 will send the price to 1807
1) The daily chart is hinting at an impending decline
2) Price is consolidating under the liquidity zone 1840
3) Only bearish set-ups for the daily and medium-term potential are forming at the moment
4) Breakdown of the local support at 1832 will send the price to 1807
❤️ Telegram channel: t.me/AndeWave
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.
❤️ Telegram channel: t.me/AndeWave
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.