This is a TradingView chart for Gold CFDs (US$ per ounce) on the 1-hour timeframe. The chart shows price action, support and resistance levels, trend channels, and a potential future price movement prediction.
Key Observations:
1. Current Price: 3,049.524 (+1.01% increase).
2. Support & Resistance:
Resistance zones marked in purple around 3,040.
A key support level around 3,025 (blue horizontal line).
Another support zone around 3,010.
3. Trend Channels:
Green ascending channels indicate recent bullish momentum.
4. Potential Future Price Movement (Blue Arrows):
The price is expected to pull back from the resistance.
It may retest the 3,040 resistance-turned-support.
A further drop to the 3,025 support is possible.
This suggests that traders might be watching for a rejection at resistance and a potential short trade toward lower support levels. Would you like a more detailed analysis on this?
Key Observations:
1. Current Price: 3,049.524 (+1.01% increase).
2. Support & Resistance:
Resistance zones marked in purple around 3,040.
A key support level around 3,025 (blue horizontal line).
Another support zone around 3,010.
3. Trend Channels:
Green ascending channels indicate recent bullish momentum.
4. Potential Future Price Movement (Blue Arrows):
The price is expected to pull back from the resistance.
It may retest the 3,040 resistance-turned-support.
A further drop to the 3,025 support is possible.
This suggests that traders might be watching for a rejection at resistance and a potential short trade toward lower support levels. Would you like a more detailed analysis on this?
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.
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.