✴️ GOLD Daily timeframe. 23 December
Gold. Daily review on the daily timeframe. Price continues to consolidate. For what?
1) Gold is in a consolidation phase, but more interestingly, the range is not horizontal, but upward
2) The price forms a pullback and tests the level of 1786, the bulls hold this support
3) The price is going towards the level of 1804 and there are no conditions and preconditions to the fact that the level will be held by the bulls
4) Daily RSI shows the buyers mood
5) The range is changing its limits and at the moment they are 1824-1786.
I think that the price can bounce back from 1804 to the support of 1786
1) Gold is in a consolidation phase, but more interestingly, the range is not horizontal, but upward
2) The price forms a pullback and tests the level of 1786, the bulls hold this support
3) The price is going towards the level of 1804 and there are no conditions and preconditions to the fact that the level will be held by the bulls
4) Daily RSI shows the buyers mood
5) The range is changing its limits and at the moment they are 1824-1786.
I think that the price can bounce back from 1804 to the support of 1786
❤️ Telegram channel: t.me/AndeWave
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❤️ Telegram channel: t.me/AndeWave
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.