Gold continues to trade in the descending channel and quite confidently fulfills the channel borders and resistance levels. Yesterday's forecast gave a movement of more than 350pips in our direction
Gold made a false breakout of the local level of 1822.6 and without a deep pullback (until 1829.4) the price returns back to the level for a possible breakdown and continuation of the fall.
I assume a breakdown of support at 1822.6, followed by gold fixing below the level and the price falling to a strong liquidity zone of 1796.8
Sincerely, R. Linda!
Gold made a false breakout of the local level of 1822.6 and without a deep pullback (until 1829.4) the price returns back to the level for a possible breakdown and continuation of the fall.
I assume a breakdown of support at 1822.6, followed by gold fixing below the level and the price falling to a strong liquidity zone of 1796.8
Sincerely, R. Linda!
Trade closed: target reached
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.