CFD sur Or (US$/OZ)
Short

Gold drop

58
Pure speculation. Do not take this as advice.

On my previous post on gold, I mentioned about the resistance on momentum. It was cracked and we've now found a resistance area around the black line going back to 2016.

Looking like an ascending wedge formed here. Most recent S/R around $1425. Could potentially find some support either at $1425 range or could find it at an area from back in 08-09 range. May watch $1488 area as well, but expect only minor support ($1488 not shown).

RSI overbought with a bit of bearish divergence occurring, MACD off the walls, going to need a drop in order to stay realistic and not go full on Parabolic. Plus there will probably be a tweet or something claiming China news that's not a big deal that will prop up equities and help bond yields.

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.