The GOLD-en escaping wave? Gold doesn’t seems promising.
Gold 
GOLD 3 attempted tries on it’s major resistance at $2070+ but couldn’t close above it.
Uptrend line support was broken during yr2022.
In the midst of forming head and shoulders pattern in the past 3 years chart.
Could this be the golden escaping wave?
Likely to decline towards $1810 support level first and once this support is broken, we could see $1616 next.
Duration towards mid term.
DYODD!
GOLD 3 attempted tries on it’s major resistance at $2070+ but couldn’t close above it. Uptrend line support was broken during yr2022.
In the midst of forming head and shoulders pattern in the past 3 years chart.
Could this be the golden escaping wave?
Likely to decline towards $1810 support level first and once this support is broken, we could see $1616 next.
Duration towards mid term.
DYODD!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.