GOLD is performing well against the resistance of the global price channel and we are seeing strong bearish momentum.
The price breaks through the 1720 level with momentum and I expect a pullback to this level to test it, after which the fall may continue.
We have a global downtrend, as well as a number of negative world news are bad for the price.
I suppose that from the level of 1720, the fall might continue and the price has two liquidity zones ahead - 1698 and support 1681.
Regards R. Linda!
The price breaks through the 1720 level with momentum and I expect a pullback to this level to test it, after which the fall may continue.
We have a global downtrend, as well as a number of negative world news are bad for the price.
I suppose that from the level of 1720, the fall might continue and the price has two liquidity zones ahead - 1698 and support 1681.
Regards R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.