GOLD is in an ascending channel between trend lines.
The price has already reached the lower boundary of the channel, the lower trend line and the support level, which has already acted as a rebound point.
The chart has broken the ascending structure, but a descending top must now be formed to continue the decline.
On the 1H Timeframe, the indicators are forming a bullish convergence.
We expect XAUUSD to rebound after consolidating above the important psychological level of $3000.
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The price has already reached the lower boundary of the channel, the lower trend line and the support level, which has already acted as a rebound point.
The chart has broken the ascending structure, but a descending top must now be formed to continue the decline.
On the 1H Timeframe, the indicators are forming a bullish convergence.
We expect XAUUSD to rebound after consolidating above the important psychological level of $3000.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade attivo
GOLD is at the upper boundary of the local descending channel above the trend lines.
The price is moving from the lower trend line.
The chart has broken the local descending structure, forming a rising bottom and top.
We expect the rebound to continue after consolidation above the upper channel boundary and 50% retracement level.
Trade chiuso: obiettivo raggiunto
GOLD has successfully reached the $3125 level
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.