GOLD update
We are still bullish on o Gold and the higher targets of 1922, 1957 are still open.
The price has broken out of the D1 descending channel.
If we get a D1 candle body close below 1886.00 by end of today, this will be a good indication of a short-term swing high is in place and we can expect some more retracement down to as low as 1875, 1845-50.
Please note this will not change the bullish bias only a healthy retracement. If we see a clear break of market structure on D1 we can assume that the trend has changed.
The price has broken out of the D1 descending channel.
If we get a D1 candle body close below 1886.00 by end of today, this will be a good indication of a short-term swing high is in place and we can expect some more retracement down to as low as 1875, 1845-50.
Please note this will not change the bullish bias only a healthy retracement. If we see a clear break of market structure on D1 we can assume that the trend has changed.
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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.
Publications connexes
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.