GOLD is under an ascending channel above the trend lines.
Price is moving towards the $2943 resistance level.
The chart volatility has decreased.
Indicators are pointing to a bearish divergence formed on the 1H Timeframe.
We still expect a correction. The asset is overheated and its correction is only a matter of time.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Price is moving towards the $2943 resistance level.
The chart volatility has decreased.
Indicators are pointing to a bearish divergence formed on the 1H Timeframe.
We still expect a correction. The asset is overheated and its correction is only a matter of time.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade closed: target reached
2 out of 3 support levels have been reached, consider today further movement of the asset.
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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.