#GOLD/GROWTH FOR THIS WEEK!
Hi guys❤️
👉GOLD can continue its growth this week as long as it is above the support of 2395.002 in the 4-hour time-frame.
🔰The next GOLD growth targets:
Target 1: 2433.651
Target 2: 2440.839
Target 3: 2470.117
🔰The best levels to buy in case of a temporary DROP:
Support level 1: 2406.917
Support level 2: 2395.002
🔰Do you agree with my opinion about the next move of GOLD?
👉GOLD can continue its growth this week as long as it is above the support of 2395.002 in the 4-hour time-frame.
🔰The next GOLD growth targets:
Target 1: 2433.651
Target 2: 2440.839
Target 3: 2470.117
🔰The best levels to buy in case of a temporary DROP:
Support level 1: 2406.917
Support level 2: 2395.002
🔰Do you agree with my opinion about the next move of GOLD?
Trade fermée: cible de profit atteinte
The first target was achieved✅Note
The second target was achieved✅Note
The final target was hit✅🎯Note
🔄#GOLD analysis update - July 18⏳Based on the 15m time-frame:
🔰After a significant period of growth and achieving its targets,(GOLD) has formed a double top pattern. By breaking the neckline of this pattern, it has confirmed the initial drop.
🔰Subsequently, it experienced gradual growth in the form of a bullish channel but eventually broke downward from this channel. This serves as secondary confirmation for the upcoming drop. Therefore, the next move is expected to be a fall.
🔰In the short term, we can identify the following price targets:
Target 1: 2445.640
Target 2: 2432.511
🔰Keep an eye on the bearish trendline from the last drop in the 5-minute timeframe. If this trendline is broken, the bearish scenario would be invalidated.
Trade fermée: ordre d’arrêt atteint
❌STOP-LOSS OF the drop scenario was activated. (related to the July 18 update)
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.