GOLD → An attempt to break H4-D1 support. Fear?

מעודכן
XAUUSD is updating the low. The breakdown of the structure confirms the dominant bearish potential. But, the price is moving reluctantly in anticipation of the news. There could be a retest of resistance (trap) before falling.

תמונת-בזק

The dollar is strongly bullish. The US market situation is difficult and regulators have hinted more often about rate hike, inflation is uncontrollably rising and this is a negative scenario for the markets.
The situation in the Middle East is heating up: the Israeli army continues to pull heavy military equipment to the borders of Lebanon. The intensification of the conflict will increase the interest in gold as a safe-haven asset.
At the moment, technically, gold is in a selling zone, as the price is breaking the strong support area H4-D1. A retest is possible before the subsequent fall (if the overall fundamental environment does not change dramatically).

Resistance levels: 2326, 2332, 2341
Support levels: 2315, 2306, 2297


Traders are waiting for the US GDP, which will be released tomorrow. Traders expect the DXY to continue its northward course, accordingly, the expensive dollar on gold may have a negative impact...

Regards R. Linda!
עסקה פעילה
GOLD → Bears are engulfing the market. What's next?
עסקה פעילה
תמונת-בזק
עסקה סגורה: היעד הושג
תמונת-בזק
The second target has been reached. A rebound is being formed. We are waiting for a retest of 2305-2306 resistance and watch the price reaction to this area.
עסקה פעילה
Consolidation is forming below 2300....
עסקה פעילה
תמונת-בזק
Chart PatternsDXYFibonacci RetracementFLATFundamental AnalysisGC1! (Gold Futures)GoldSupport and ResistanceTrend AnalysisTrend Line BreakXAUUSDZigzag

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
גם על:

פרסומים קשורים

כתב ויתור