I would SELL
GOLD 1H Technical analysis.
Right now price are in tricky place. Price started to move down from possible double top from daily chart, but stopped there at around 1690 area, because there is uptrend line which works as support.
Right now price is under important resistance level, also there is downtrend line from lower tf charts.
Also there is possible wedge forming.
So my expectations is that price could move more down. Overall is up ofcourse, but now i think there will be more movement to the downside.
Right now price are in tricky place. Price started to move down from possible double top from daily chart, but stopped there at around 1690 area, because there is uptrend line which works as support.
Right now price is under important resistance level, also there is downtrend line from lower tf charts.
Also there is possible wedge forming.
So my expectations is that price could move more down. Overall is up ofcourse, but now i think there will be more movement to the downside.
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.
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.