daytradetraining

Weekly forecast for GOLD . PRICE WILL BE ABOVE 2050 ??

Длинная
PYTH:XAUUSD   Золото

Hello traders , Obviously the GOLD is still in uptrend . Be aware after advancing stage will experience the distribution stage , so the fluctuation on price will be less and the price more stable . But we expect some pullback from Resistance zone . I see strong support above 2050 zone plus the RSI is already overbought so eventually the retracement has been already started .
The price will retest twice the support zone before we continue again to Resistance . Double bottom is one of the famous pattern of GOLD .

If this post was helpful for you , please don’t forget to like and share your comments .
Thanks .

Daytradetraining.com
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.