GOLD (XAUUSD): Overbought Market?!
📉 Gold shows multiple bearish clues.
The price formed a dynamic head and shoulders pattern and a rising expanding wedge pattern on a intraday chart,
and broke a neckline and a trend line of both patterns.
On an 2h time frame, I see a strong rising trend line with a confirmed violation of the line
Looks like the market is overbought.
We may expect a correction to 2643
The price formed a dynamic head and shoulders pattern and a rising expanding wedge pattern on a intraday chart,
and broke a neckline and a trend line of both patterns.
On an 2h time frame, I see a strong rising trend line with a confirmed violation of the line
Looks like the market is overbought.
We may expect a correction to 2643
Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Declinazione di responsabilitÃ
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.