confimed analysis!
why do I confidently confirms gold is going short later? I have three confirmation.
1. On the daily timeframe, they show that the price has reached its previously broken support hence becoming resistance
2. Additionally, the zone resistance zone is a high liquidity zone(SUPPLY) in which the banks have made their pending order in that particular area.
3. Trendline (black)
1. On the daily timeframe, they show that the price has reached its previously broken support hence becoming resistance
2. Additionally, the zone resistance zone is a high liquidity zone(SUPPLY) in which the banks have made their pending order in that particular area.
3. Trendline (black)
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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.