CFD sur Or (US$/OZ)Short
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.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.