Gold's chart shows an interesting formation today.
This chart pattern has two options henceforward.
At both of them, more likely we gonna see drop around $ 1560 level first.
Once the price drops, it will be important whether it will find support around these levels and continue moving up to $ 1600 or if a breakthrough occurs we'll see deeper drop to $ 1540 - $ 1520 levels.
This chart pattern has two options henceforward.
At both of them, more likely we gonna see drop around $ 1560 level first.
Once the price drops, it will be important whether it will find support around these levels and continue moving up to $ 1600 or if a breakthrough occurs we'll see deeper drop to $ 1540 - $ 1520 levels.
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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.