after rejection from the 71k area, I expect more drop to 65k
there is an important demand zone around 2312_2308
should we expect a fake breakout ? what do you think?
be careful in long positions safe zone for buy = 2190-2195
Gold technical analysis and excepted move as you can see we have a clear bearish channel on Friday night price touched the top line by opening the market on Monday we will see a revers to 2028 area I also except a fake breakout above the channel then more drop
#XAUUSD Daily technical analysis 📈📉 The expected path is drawn As you can see on the chart Gold bullish trend is over now we have a pullback to previous support line Also a bearish trend is about to confirm
Bitcoin is currently at the resistance level of weekly time, I suggest you avoid long position and wait for approval for short .