๐กThe chart shows a technical analysis of GOLD on the time frame (4H). The price collected liquidity from the support area and broke the downward trend line. The price is currently forming a correction (pullback) and has the potential to continue rising. MACD Indicator: If the positive momentum continues, the price is likely to continue rising towards the R.1 resistance level or supply zone.
โ๏ธIt is not investment advice for educational purposes only.
โ๏ธIt is not investment advice for educational purposes only.
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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.