Gold: still on a Channel Down pattern
Since the last update and the short from 1,311, 2 bearish targets have been hit: 1,301.80 and 1,290.15. The last is 1,274.50 located just above the last Higher Low supporting line of the 1M uptrend (neutral RSI but still MACD = 23.990, BBP = 14.7020). If it reached 1,301.80 again it should act like a Resistance and we will short again. In short, the price is still inside a 1D Channel Down and see how similar it is to the previous one.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.