GOLD - Correction Downwards is Possible
#trading_idea #Gold 💡
👑#Gold- Correction Downwards is Possible
Despite the uptrend, gold might be over-positioned to the long side, and we could see sell-offs and some profit-taking. On the 30-minute chart, there are six consecutive green candles. The RSI is in the overbought zone. A downward correction is possible before the uptrend continues.
🔼A rise towards resistance 2530 with possible false break.
🔽Alternatively, the price may slide back towards 2517 and 2509 resistance zone.
🔴 Click ""👍" if you think it will rise and👎" if you think the price will rise . Don't forget to send us ❤️if like our ideas.
➡️GET $20,000 JUST FOR $99
👑#Gold- Correction Downwards is Possible
Despite the uptrend, gold might be over-positioned to the long side, and we could see sell-offs and some profit-taking. On the 30-minute chart, there are six consecutive green candles. The RSI is in the overbought zone. A downward correction is possible before the uptrend continues.
🔼A rise towards resistance 2530 with possible false break.
🔽Alternatively, the price may slide back towards 2517 and 2509 resistance zone.
🔴 Click ""👍" if you think it will rise and👎" if you think the price will rise . Don't forget to send us ❤️if like our ideas.
➡️GET $20,000 JUST FOR $99
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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.
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.