This chart is a technical analysis of gold (CFDs on Gold - US$/OZ) on a 2-hour timeframe from TradingView.
Key Observations:
1. Current Price: 3,118.715 (up by +1.11%).
2. Uptrend Channel: A blue ascending channel indicates a strong upward move.
3. Breakout & Expected Correction:
The price has reached the top of the trend and appears to be breaking out.
A gray arrow suggests a possible pullback.
4. Support Zones:
Two red rectangular zones indicate previous resistance, which may act as future support levels around 3,050.000.
5. Fibonacci Level: A retracement ratio (0.977) is noted, possibly indicating a correction target.
Potential Scenario:
If the price follows the indicated path, a retracement toward the 3,050 level could happen before resuming an uptrend.
Would you like further insights on this?
Key Observations:
1. Current Price: 3,118.715 (up by +1.11%).
2. Uptrend Channel: A blue ascending channel indicates a strong upward move.
3. Breakout & Expected Correction:
The price has reached the top of the trend and appears to be breaking out.
A gray arrow suggests a possible pullback.
4. Support Zones:
Two red rectangular zones indicate previous resistance, which may act as future support levels around 3,050.000.
5. Fibonacci Level: A retracement ratio (0.977) is noted, possibly indicating a correction target.
Potential Scenario:
If the price follows the indicated path, a retracement toward the 3,050 level could happen before resuming an uptrend.
Would you like further insights on this?
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.