Gold's Bearish Sentiment Rises with Upcoming Central Bank Decisi
Gold's Bearish Sentiment Rises with Upcoming Central Bank Decisions
Gold is currently experiencing a period of volatility, with market indicators suggesting a potential bearish wave. Several factors are contributing to this outlook:
Recent technical analysis shows that gold is forming a descending triangle pattern, which is often a bearish signal.
The upcoming decisions by major central banks, including the Federal Reserve and the European Central Bank, are causing uncertainty in the market
If gold breaks below the critical support level of 2,730-2735, it could initiate a bearish wave, with further declines towards 2720 ; 2690 and 2665
You may watch the analysis for further details!
Thank you:)
Gold is currently experiencing a period of volatility, with market indicators suggesting a potential bearish wave. Several factors are contributing to this outlook:
Recent technical analysis shows that gold is forming a descending triangle pattern, which is often a bearish signal.
The upcoming decisions by major central banks, including the Federal Reserve and the European Central Bank, are causing uncertainty in the market
If gold breaks below the critical support level of 2,730-2735, it could initiate a bearish wave, with further declines towards 2720 ; 2690 and 2665
You may watch the analysis for further details!
Thank you:)
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.