GOLD is moving between trend lines near the lower boundary of the ascending channel.
After reaching the 50% retracement level, the price formed a bearish takeover and descended into the channel.
The descending structure is broken, but a new one has not been formed yet.
We expect that a rebound may occur after a retest of the lower channel boundary with a possible drawdown below the previous low.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
After reaching the 50% retracement level, the price formed a bearish takeover and descended into the channel.
The descending structure is broken, but a new one has not been formed yet.
We expect that a rebound may occur after a retest of the lower channel boundary with a possible drawdown below the previous low.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Crypto signals in telegram
@DeGRAMCrypto
🔻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.