Since the beginning of the month, Gold is trading in an up channel.
Up channels are reversal patterns indicating a lack of impulse.
1780 is now clear support and a break here would signal that bears took control
1720 support could be sellers target and, on the other hand, sustained buying above 1800 would negate this scenario
Up channels are reversal patterns indicating a lack of impulse.
1780 is now clear support and a break here would signal that bears took control
1720 support could be sellers target and, on the other hand, sustained buying above 1800 would negate this scenario
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.