✴️ GOLD Daily timeframe. 23 December
Gold. Daily review on the daily timeframe. Price continues to consolidate. For what?
1) Gold is in a consolidation phase, but more interestingly, the range is not horizontal, but upward
2) The price forms a pullback and tests the level of 1786, the bulls hold this support
3) The price is going towards the level of 1804 and there are no conditions and preconditions to the fact that the level will be held by the bulls
4) Daily RSI shows the buyers mood
5) The range is changing its limits and at the moment they are 1824-1786.
I think that the price can bounce back from 1804 to the support of 1786
1) Gold is in a consolidation phase, but more interestingly, the range is not horizontal, but upward
2) The price forms a pullback and tests the level of 1786, the bulls hold this support
3) The price is going towards the level of 1804 and there are no conditions and preconditions to the fact that the level will be held by the bulls
4) Daily RSI shows the buyers mood
5) The range is changing its limits and at the moment they are 1824-1786.
I think that the price can bounce back from 1804 to the support of 1786
❤️ 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.