Gold forms a secondary high and will fall sharply again
Hello everyone. Today we can see that the 4-hour chart seems to need to form a triple top resistance at the secondary high point.
It can be found that the current trend of the 4-hour chart is very similar to the previous one. Both are after a long period of consolidation and then fall sharply again
Therefore, if the current trend of gold replicates the previous market after touching the resistance area, then you must be careful of a sharp drop in CPI
If you think my article analysis is helpful to you. You can like it. Thank you for your support. The content posted here will be delayed so you need to pay more attention to my information.
It can be found that the current trend of the 4-hour chart is very similar to the previous one. Both are after a long period of consolidation and then fall sharply again
Therefore, if the current trend of gold replicates the previous market after touching the resistance area, then you must be careful of a sharp drop in CPI
If you think my article analysis is helpful to you. You can like it. Thank you for your support. The content posted here will be delayed so you need to pay more attention to my information.
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t.me/+GY6MI9Bg2zM3ZTA0
The information posted here will be delayed. It cannot be updated in time. Every day I will share the profitable trading signals of BTC crude oil and gold at the link. Click the link to join and you can get my accurate and real-time updated trading signals every day at the first time
t.me/+GY6MI9Bg2zM3ZTA0
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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.