After a long time in this compression, the precious metal is about to give a bullish signal.
Technically, breaking this compression by going higher would send prices around $1900, first resistance.
Note that this signal will be valid ONLY when Daily Lagging Span will break the compression too, and this is not the case for the moment (yellow circle).
So let's wait and see the evolution.
I'll post some news in the next days.
Cheers !
Technically, breaking this compression by going higher would send prices around $1900, first resistance.
Note that this signal will be valid ONLY when Daily Lagging Span will break the compression too, and this is not the case for the moment (yellow circle).
So let's wait and see the evolution.
I'll post some news in the next days.
Cheers !
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.