DeGRAM | GOLD formed a declining top
GOLD is in a local descending channel between trend lines.
The price is moving from resistance at $2870 and the upper boundary of the channel.
The chart is holding in the channel and trying to form a descending top.
On large Timeframes the indicators indicate overbought.
We still expect a correction.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The price is moving from resistance at $2870 and the upper boundary of the channel.
The chart is holding in the channel and trying to form a descending top.
On large Timeframes the indicators indicate overbought.
We still expect a correction.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
GOLD had time to reach our target before continuing to rise.
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.