Price broke out of the bearish trend line and moved sideways in a range forming two tops or a double top.
Fundamentally, US jobs data came out positive keying into hawkish tone on interest rate and influenced CPI.
Price broke the neckline after 4H closure giving signal for bearish move to $3250 support.
Here’s my little idea on GOLD. Follow for more.
Fundamentally, US jobs data came out positive keying into hawkish tone on interest rate and influenced CPI.
Price broke the neckline after 4H closure giving signal for bearish move to $3250 support.
Here’s my little idea on GOLD. Follow for more.
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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.