WANT TO BUY GOLD? READ THIS FIRST
Hi traders, we've anticipated a slowdown in the uptrend momentum in one of our earlier gold posts, and are actually still bearish on the yellow metal - at least until we get a fresh higher high.
Besides the H&S pattern, we can now also draw a well-defined falling channel, with three touches on the upper channel resistance.
Interestingly, that last touch aligns with the 61.8% Fib level, which sent Gold immediately lower.
We're still expecting a retest of recent LL and a possible fresh LL.
Like and share :)
Besides the H&S pattern, we can now also draw a well-defined falling channel, with three touches on the upper channel resistance.
Interestingly, that last touch aligns with the 61.8% Fib level, which sent Gold immediately lower.
We're still expecting a retest of recent LL and a possible fresh LL.
Like and share :)
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.