Learning how to apply S&R on this gold chart.
After reviewing, I have come to the conclusion that this is forming a bearish momentum.
It can either; retest at the level and bounce up temporarily or remain in the downward trend until 1400 zone.
After reviewing, I have come to the conclusion that this is forming a bearish momentum.
It can either; retest at the level and bounce up temporarily or remain in the downward trend until 1400 zone.
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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.