GOLD → seems bearish

hello guys.

Let's analysis gold

- Current Trend: Bearish

- Chart Patterns:
- Descending Trendline: Indicates downward pressure on prices.
- Key Level: $2404 - $2,400 identified as an entry-level for selling.
- Support Levels:
- $2,338.842: Strong support area, a potential target for the current bearish trend.

- Price Action:
- Recent rejection from the entry-level suggests further downside.
- Prices are expected to move towards the $2,338.842 support level.

The chart indicates a bearish trend with potential selling opportunities around the $2404- $2,400 level, targeting the support level at $2,338.842.


___________________________

✓✓✓ Always do your research.

❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.

❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Beyond Technical AnalysisChart PatternsGoldParallel ChannelpriceactionanalysisTrend AnalysisXAUUSD

👉my recommended broker:

bit.ly/HYCM-M
__________

👉my recommended exchange:

bit.ly/LbankMelika
__________

My telegram channel:
t.me/melikatrader94
Anche su:

Pubblicazioni correlate

Declinazione di responsabilità