Gold is in a very active phase. The strong impulse against the main trend is formed. Let me remind you that earlier there was a false breakdown relative to the key liquidity zone.
Globally, the gold is in a strong decline, but there was a false-break, after which we see higher trading volumes and a strong momentum, which breaks through the strong resistance levels, and does not reach the liquidity zone 1734, forming a reversal in the form of a technical pullback.
I assume that the pullback can reach the strong trend line formed from February 2019, after which I expect the continuation of the price growth to the resistance zone.
Regards R. Linda!
Globally, the gold is in a strong decline, but there was a false-break, after which we see higher trading volumes and a strong momentum, which breaks through the strong resistance levels, and does not reach the liquidity zone 1734, forming a reversal in the form of a technical pullback.
I assume that the pullback can reach the strong trend line formed from February 2019, after which I expect the continuation of the price growth to the resistance zone.
Regards R. Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.