Gold on 1H...decision time
Gold had a strong sell off in the last 30mins, then got stopped right at 1360. And on 1H timeframe, we can see it forms a small descending triangle, which can be bearish for gold, but 1360 big solid support makes me think it can go high again, or i'd say reload time for bulls.
Potential 2 ways to go:
1. we formed a solid double bottom, break the descending triangle and ready to push back up
2. double top, or descending triangle, or gartley, or a mysterious power that breaks the support.
who knows what's gonna happen, pay attention to the price action and here's your potato~
Potential 2 ways to go:
1. we formed a solid double bottom, break the descending triangle and ready to push back up
2. double top, or descending triangle, or gartley, or a mysterious power that breaks the support.
who knows what's gonna happen, pay attention to the price action and here's your potato~
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.