Gold Tends To Locked Under $1295 & $1305
At least that's what I can see from a newbie, Gold looks like locked under $1295/1305 where I look that gold forms a inverted triangle (brown line) with the upper limit of the price movement @ $1310 and lower @ $1260.
On the other hand the red line I have called "scoop" where prices have entered a scoop areas with a resistance levels @ $1295 as a scoop lips and the pink line is Symmetrical Descending with the upper limit of the price movement @ $1305 and lower @ $1295.
In my view, Gold still has hope for a test $1272 with a decline target price around $1260/55 and extreme to backtest level $1240.
On the other hand the red line I have called "scoop" where prices have entered a scoop areas with a resistance levels @ $1295 as a scoop lips and the pink line is Symmetrical Descending with the upper limit of the price movement @ $1305 and lower @ $1295.
In my view, Gold still has hope for a test $1272 with a decline target price around $1260/55 and extreme to backtest level $1240.
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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.