GOLD is under an ascending channel between trend lines, under the supply zone.
The price is moving from the dynamic resistance.
The chart is holding under the lower boundary of the supply zone, which coincides with the 78.6% retracement level.
The previous week was ended with a bearish takeover formation.
We expect XAUUSD to continue its decline.
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The price is moving from the dynamic resistance.
The chart is holding under the lower boundary of the supply zone, which coincides with the 78.6% retracement level.
The previous week was ended with a bearish takeover formation.
We expect XAUUSD to continue its decline.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade active
GOLD is in an ascending channel between the trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart has fallen back under the 62% retracement level.
XAUUSD will continue to decline.
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Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.