TRENDS
Instrument: The chart appears to be tracking XAU/USD (Gold), as indicated on the right-hand side.
• Trend: The price is moving upwards within a parallel channel, showing a consistent uptrend.
• Fibonacci Retracement & Extensions:
• Various Fibonacci levels are marked, which act as potential support and resistance zones.
• The 0.786 Fibonacci level is a key retracement area currently being tested.
• Projected Move:
• A green highlighted area indicates a potential bullish move, suggesting an anticipated breakout toward higher levels.
• The 1.618 Fibonacci extension level aligns with the target.
• Support & Resistance:
• Several horizontal lines indicate previous highs and lows, likely acting as key decision points.
• The price recently retested the lower boundary of the channel and bounced back, reinforcing the trend.
• Trend: The price is moving upwards within a parallel channel, showing a consistent uptrend.
• Fibonacci Retracement & Extensions:
• Various Fibonacci levels are marked, which act as potential support and resistance zones.
• The 0.786 Fibonacci level is a key retracement area currently being tested.
• Projected Move:
• A green highlighted area indicates a potential bullish move, suggesting an anticipated breakout toward higher levels.
• The 1.618 Fibonacci extension level aligns with the target.
• Support & Resistance:
• Several horizontal lines indicate previous highs and lows, likely acting as key decision points.
• The price recently retested the lower boundary of the channel and bounced back, reinforcing the trend.
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.
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.