GOLD. The beginning of the correction is confirmed.
At the moment, the trading instrument has probably entered a correctional phase, which is confirmed by the breakdown of the ascending structure at the 1981 point and consolidation below it.
Based on my vision of the market, I can add the following: in order for the price to continue its downward movement, market participants need to increase sales volumes in the premium zone, which, I believe, will be reflected in the price chart in the form of growth, where we will enter the market on sale.
Entry into positions is carried out only when a confirming pattern is formed.
Dear friends, if you have any questions about the description, please write in the comments.
Based on my vision of the market, I can add the following: in order for the price to continue its downward movement, market participants need to increase sales volumes in the premium zone, which, I believe, will be reflected in the price chart in the form of growth, where we will enter the market on sale.
Entry into positions is carried out only when a confirming pattern is formed.
Dear friends, if you have any questions about the description, please write in the comments.
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.