The GOLD price gets close to a fresh supply level
The gold price is just about to reach the fresh supply above.
It is a great supply for sell position,
If we look at the D1 chart we can see that the price has performed a head & shoulders pattern but didn't complete all pattern yet.
If the price will react to the supply above and move down from there it will complete the right shoulder and all the pattern.
This confluence of fresh supply and Head & Shoulders creates a great setup for sell position.
The target will be 1450.00 zones.
It is a great supply for sell position,
If we look at the D1 chart we can see that the price has performed a head & shoulders pattern but didn't complete all pattern yet.
If the price will react to the supply above and move down from there it will complete the right shoulder and all the pattern.
This confluence of fresh supply and Head & Shoulders creates a great setup for sell position.
The target will be 1450.00 zones.
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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.
The5ers Funding Forex Traders & Growth Program. Get Funded with up to $2.56M
We Trade Forex - Come Join Us!
the5ers.com
We Trade Forex - Come Join Us!
the5ers.com
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.