Since the beginning of the year, Gold has risen by 600 pips.
However, after breaking above 1830 important resistance, the price stalled and is in consolidation when we would have expected a strong continuation to the upside.
For me, this is an indication that a reversal can happen soon
Gold under 1840 on the daily basis would reinforce my opinion and a drop under 1830 would confirm a false break
However, after breaking above 1830 important resistance, the price stalled and is in consolidation when we would have expected a strong continuation to the upside.
For me, this is an indication that a reversal can happen soon
Gold under 1840 on the daily basis would reinforce my opinion and a drop under 1830 would confirm a false break
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.