GOLD Slide Down
#trading_idea #Gold 💡
👑#Gold- Outlook
On the 4-hour chart, there is a Triple Head patter has been formed. The price is slide under 2500 and MA(100). The Bulls & Bears and MACD indicates the strength of the bears at the moment.Gold prices fell on Tuesday, while investors awaited a slew of U.S. economic data to gauge the size of the Federal Reserve's expected interest rate cut this month.
🔽If the price break down MA(100) the decline towards support 2486 is possible.
🔼Alternatively, the price may rise to retest the resistance 2500. If this level will be broken a further rise to 2510 is possible.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
➡️GET $20,000 JUST FOR $99
👑#Gold- Outlook
On the 4-hour chart, there is a Triple Head patter has been formed. The price is slide under 2500 and MA(100). The Bulls & Bears and MACD indicates the strength of the bears at the moment.Gold prices fell on Tuesday, while investors awaited a slew of U.S. economic data to gauge the size of the Federal Reserve's expected interest rate cut this month.
🔽If the price break down MA(100) the decline towards support 2486 is possible.
🔼Alternatively, the price may rise to retest the resistance 2500. If this level will be broken a further rise to 2510 is possible.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
➡️GET $20,000 JUST FOR $99
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