GOLD is moving in an ascending channel above the trend lines.
The price reached the upper boundary of the channel and resistance level and then returned to the channel.
Having reached the resistance level, the chart formed a bearish takeover.
We expect a pullback.
-------------------
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The price reached the upper boundary of the channel and resistance level and then returned to the channel.
Having reached the resistance level, the chart formed a bearish takeover.
We expect a pullback.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Note
GOLD is between trend lines under an ascending channel.
The chart has formed a reversal harmonic pattern.
The price has returned to the level, but has not yet consolidated above it.
We expect a pullback.
Trade closed: target reached
Gold successfully dropped to the lower boundary of the channel
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🔻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.