Gold-Tech

🥇GOLD → The chart gives a set-up to sell

Short
OANDA:XAUUSD   Or / Dollar Américain
Gold breaks through support and makes a momentum move and updates the global low to 1889. It is likely that the market may continue to fall

TA on the high timeframe:
1) The nearest point from which we can expect to buy is 1902.87, a false breakout can be formed but it will take a lot of time

TA on the low timeframe:
1) Price breaks the support of the wedge, forming a correction
2) The correction may confirm the bearish market sentiment
3) The decline may continue from 1896.45
4) In the long term, there is a chance that price could fall to 1881.
5) The price needs to strengthen to 1903 to expect a rise

Key support📉: 1891, 1881
Key resistance📈: 1896, 1903

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
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.